There's a very favorable review of the CEC TL-5 over at parttimeaudiophile that should pique your interest. What gets my goat is the price increase since around April. Before I got my Technics SL-G700 SACD player, I was seriously considering the CEC and back then, it was going for around $1850 (before options) but now the price is hovering around $3,000, give or take.
Until I saw the major price increase, I was considering getting one anyway just to see how a dedicated red book CDT would sound compared to my SACD player. Just before I sold my old TEAC PD-H600, I hooked it up to my Technics SU-G700M2 and was floored by what I heard from that half sized CDP.
Good luck on your search.
All the best,
Nonoise