What transport should I get?

Hello all,

Well I finally made a decision on a player. I bought a Wadia Digimaster X32 DAC. I have always loved the Wadia sound so I can't wait to get it.

In the meantime I can use my Rega Planet 2000 as a transport but I am looking from something better. The money I get out of my Rega will be the money I have to get a new transport - just so you know what price range I am looking at.

So the Wadia has two BNC inputs and a Toslink.

I found a Teac Reference PD-500 for sale on demo ($400 CND) at a local (3.5 hours away) stereo shop.
Here is a link so you can see what it is:
http://www.teac.com/ref/500/pdh500.html

From what I understand the player is based off of the VRDS transport and is very similar, which makes me think it could be good. The only downside is it only has toslink out. I would prefer to have a BNC or coax if possible for better quality. So my questions are:
1.) How good of transport would this TEAC be?
2.) How good is a good glass toslink ($150+) compared to a good ($150+) coax cable?
3) If the Teac 500 would not be that good transport (due to the player itself or the Toslink cable) what are some other alternatives I could look at?

I was thinking a used TEAC VRDS 10, 25 etc.. as another alternative.

Thought and opinions are welcome.
Cheers,
Nick