To the Expert HiFi Audio folk, I must be considered an antedeluvian.
My CD spinner is a Bryston BCD-3 It has a superb transport mechanism, and the internal DAC has the same chips and input-output circuitry as their DAC-3. One super-accurate clock provides timing for the transport and DAC, without the necessity to have separate clocks if an external DAC is used.
The DAC output goes to a Bryston BP17 cubed preamplifier, then onto a 4B cubed amplifier. Simple, but highly effective signal path.
IMO, yes, CDs do and can sound better without all the hue and fuss necessary to rip CDs into a digital player, and if streaming is a selected source, to spend the time and effort to assemble playlists and identify the programs for listening. For Redbook CDs, an excellent CD spinner and preamp, "Simple" wins out.