How much should I spend on cd transport


Ever since I stepped up to seperates, I have been using the digital out of my Marantz CC65 cd changer to my Lexicon DC1 pre/pro. I have decided to re-arrange my system towards 2 channel. In doing this, I have realized I need a new pre/pro (may just buy Adcom's GFP750 and keep the lexicon for HT), and I also need a better cd player. In my research, I have found a few cd players I'd like, and am also interested in an external DAC (Music Fidelity's new DAC) for upsampling. With all this in mind, do I need to buy a $1k cd player since I may simply use it as a transport, or will a mid-fi changer be adequate?

Thanks.

Please make any brand recommendations you may have.
mdomnick
In your situation, Id say heck with it, and just buy the DAC. The joy of upgrading needn't be rushed. The Musical Fidelity will give the most bang for the buck. Do it now. Worry about the rest of the stuff later.
The marantz players have a lot of jitter on the digital output, but are otherwise fair transports. Therefore make sure that you either :
1) purchase a DAC which reclocks the digital input.
2) Budget for a jitter reducer such as monarchy DIP (about $150 used).

I have a CD63SE driving a monarchy 22a DAC. Without the DIP the DAC was not much better than the CD player itself. With the DIP the differences in clarity and imaging were much greater.