Will a new Dac improve the sound?

Fair enough jjs49

 I have the Cary CDP1 , Acoustat amp Trans nova Twin 200, Acoustat pre Trans Nova, and an older Pioneer TT. Being rather new to the Acoustats , i guess i'm wondering what would be a good fit to bring out the best sound possible with a digital source.

GP

jjss49 ... I'm looking to have the cd's sound less harsh and piercing. Maybe a little more warmth. The soundstage is fine. Bass is lacking , but that needs to be fixed with some subs( next hurdle).Speakers are electrostatic.

Thanks jjss49 for the suggestions. I believe you backed up what i thought may be the solutions. I leaning toward getting the Dac first, then the subs, then consider moving into world of streaming next. The journey continues.

Thank you guys for all the input. I guess now i'm trying to decide between a Dac with tubes or not. Not sure if the tube would give me a little less harshness. Or a R2R would give me the same results.

Cables/ interconnects are other issues that i need to address. I am using Audioquest, i don't remember the exact ones ,but they are on the budget end of their cables. 

No, i do not have any HDCD Cds.