Logitech Squeezebox sound compared to CD Player


I am thinking of getting a Logitech Sqeezebox Touch and was wondering how good it would sound compared to my CD Player which is a Denon DVD-2930ci universal player & a Jolida JD-100A? I have itunes on an external HD (CD's have been imported to via WAV)and also use Media Monkey for my FLAC imported CD's and HD Tracks Hi-Res downloads. Also, are the cables I use to connect to my preamp as crucial to sound as they would be to my CD players? Any advice would be much appreciated. Thanks to everyone.
128x128tune_man
12-09-11: Mapman
The things I read that might make a predictable difference is choice of ic out, and nothing shocking there and maybe power supply but I would not expect much difference from that.

Mapman, I would suggest you give an upgraded, non-switching power supply a try. When I added a Bolder modded power supply to my Squeezbox 3, it made a very noticable improvement. Deeper, tighter bass and more extended, airy highs.
I have finally purchased a SBT. I am liking it so far. I am using it stock currently to have a point of reference. The sound is good but have not done any serious comparisons yet. Will update it's status in the near future. Thanks everyone!
I paid $231 (free shipping) from Amazon. The price seems to be a lot higher now. I purchased mine at the end of February.
I am really enjoying it. Very convenient and sounds good.
I run a SBT - Peachtree DACiT -- Jolida 302 -- Tyler Acoustics speakers.

I used to have a Jolida JD100a CD player. For the most part I could not tell the difference between SBT+DAC and the Jolida CD player (a $1,000 unit). There were subtle differences in the sound but I could not tell that one was better or worse.

I no longer have a CD player -- are files are FLAC.