Is there a Blu-Ray player that does SACD and has Audiophile quality sound?

A Modwright Oppo 105D will do everything you are looking for, especially for 2 channel audio, you will be very impressed.

I believe the modwright mods are aimed primarily at the analog section of the 105 so in essence if you were going to use the SP3 anyway, it would be a waste to mod the 105. What you would have to see is whether you preferred the analog section of the SP3 to the modded 105 and choose between the two.