You didn't specify a price range, but I'm guessing by the nature of the question you're in the Class B price range. I recently did a little downsizing and sold my Wadia 850 and purchased the Arcam FMJ CD23. After spending a day A/B testing using my buddy's system as reference (mine's being rebuilt) I can honestly say the reviews are deserved for this model. High build quality, very listenable and no bad characteristics. A solid Class B performer, and far better than the Adcom GCD 750 I also owned in the recent past. The Ring DAC only disappointed by comparison after we used the Arcam as a transport and a Timber TT1 DAC. The Timber revealed a more open, natural, nuanced sound, with better soundstaging. Of course, that's an unfair comparison, but the point is the Arcam is a quality piece and good value for the money.
