A transport does not send out "1's and 0's" -- what it does is take the digital information off a CD and convert it into an electrical signal that is REPRESENTATIVE of the digital stream of "1's and 0's". This signal is then routed to the DAC in a manner just like any other audio electrical signal.
Therefore, the quality of the transport is dependent on the same thing as other components, namely the quality of the power supply, filtering caps, voltage regulators, signal path resistors, caps etc. And of course, the higher the design and build quality, the more expensive.
Yes, the transport affects sound quality and upgrading a transport can have more than a subjective benefit. I also agree it is the most important component of a digital front end.
Therefore, the quality of the transport is dependent on the same thing as other components, namely the quality of the power supply, filtering caps, voltage regulators, signal path resistors, caps etc. And of course, the higher the design and build quality, the more expensive.
Yes, the transport affects sound quality and upgrading a transport can have more than a subjective benefit. I also agree it is the most important component of a digital front end.