CDP or DAC


I'm using a Toshiba SD9100 dvd player as my CD source, and with my conditioning and isolation sounds pretty good,but want to upgrade something(ever get that feeling?)spending up to $1500.
Can I buy a better DAC with the money or am I better to just get a Sony SCD XA777ES?
Or what., Thanks.
psacanli
Audio Logic and Chord make killer DACs, both of which I very closely considered buying before settling on an unmodded Audio Mirror D1. It has a very analogue yet dynamic and spacious presentation, and it's way more than I would have ever expected for $500.
For a DAC, check out some of the non-os ones that are out there like the Audio Mirror. Many of these go for under $1000 (the Audio Mirror is $500) so that leaves you a lot left over for a really nice digital IC. Also, for a CDP, if you can find a Sony DVP-NS900V, send it to TRL for their modifications and for under $1000 you will have an excellent CDP. Word from CES is that it is one of the most musical CDPs you will hear.
I vote for a DAC. Great used ones show up all the time. Audio Logic, Chord 64, etc. You'll need a good digital cable.

Happy Listening.