Agree that $700 is high for the CAL, but if you have a $700 budget I suggest that you expand the field and listen to more equipment. You may be able to find something considerably better than either of these players at this price point.
Rega Planet vs Cal Audio Labs Icon MK II
I'm thinking about upgrading my CD player (Cambridge D300) and have a choice between these two used players. Both have been discontinued and are/were fine CD players. The Planet would be in the area of $500 and Icon MK II around $750. I'm an old country boy - I don't know a lot about high end audio, but am picking things up quickly with your help. Once again - Thanks in advance! Ken