I've been out of the CD game for years, so I really have no skin in the game when it comes to CD players..or whether you should upgrade it. I will say, if you upgrade the DAC, if you opt to venture out towards other sources, you'll be able to use the DAC in those situations. Where as, just upgrading the CD player, that's all it would be leveraged for. Maybe that's what you want, but really nice DAC's can be had in your budget.
I have 2 DACs, the Ayre QB9 and the PS Audio Direct Stream Junior. The DSJ, I believe I've seen them used for around $2500ish, a little bit out of your price range. The upside with that DAC, not only does it put to shame some DACs that cost 2x as much, they're constantly fiddling/upgrading their code; which can be upgraded to or you're able to switch back to earlier versions. The Ayre QB9, I pick up for $1200 and it sounds incredible.
Going a little above and beyond what your original request was:
I sold off my entire vinyl collection about a year ago. I found myself reverting to hi res files for listening vs. listening to vinyl. If you ever want to step forward with your vinyl preamp, PS Audio's Nuwave phono preamp sounds majestic. It sounds even better when you connect it to the DSJ over I2S. I had always ran Moon phono preamps, the PS Audio setup was unbelievable sounding. It was like when you first heard a CD vs. tape.
Happy hunting!
I have 2 DACs, the Ayre QB9 and the PS Audio Direct Stream Junior. The DSJ, I believe I've seen them used for around $2500ish, a little bit out of your price range. The upside with that DAC, not only does it put to shame some DACs that cost 2x as much, they're constantly fiddling/upgrading their code; which can be upgraded to or you're able to switch back to earlier versions. The Ayre QB9, I pick up for $1200 and it sounds incredible.
Going a little above and beyond what your original request was:
I sold off my entire vinyl collection about a year ago. I found myself reverting to hi res files for listening vs. listening to vinyl. If you ever want to step forward with your vinyl preamp, PS Audio's Nuwave phono preamp sounds majestic. It sounds even better when you connect it to the DSJ over I2S. I had always ran Moon phono preamps, the PS Audio setup was unbelievable sounding. It was like when you first heard a CD vs. tape.
Happy hunting!