A couple of things stopped me from buying the Chord. First of all, it only has RCA, Toslink, and BNC inputs. Toslink sucks, and very few transports have BNC. That leaves you with one usable input. The second reason was a consumer review of an X-Ray CD player on www.audioreview.com. The writer says his X-Ray sounded better than the Chord. Who knows, since we all have our own listening biases, and everything is system dependent. But that was enough for me to buy the Camelot Uther V2 Mk IV. I go directly in using the onboard volume. It's terrific, and sounds MUCH better than my X-Ray CD player.