need CDP upgrade advice


I have an NAD M5 CDP...what CDP would be a significant upgrade? Or would an external DAC improve it enough? It can be new or used and would like to keep the cost at about $3000. I don't really need SACD capability as I only have a handful of them and do not intend on buying any more.

Bob
auralone
Given the dim future of the cd medium, it makes sense not to go too overboard.

If you like the tube sound (and that may counter some of the NAD flatness/accuracy/sterility (as you will)), a goof tubed cd player like a Raysonic (128) or a Cary or Unico or even a Jolida might be interesting.
I prefer to stay in the solid=state canp for CD players.With that kind of money,you might look at Gamut CD3s,Ayre or several others.Even looking at trans/dac combos might not be out of hand.
12-11-09: Mst
Given the dim future of the cd medium, it makes sense not to go too overboard.

Mst, Remember when this was said about vinyl?
My amp is a Jolida 1000RC if this helps in making any recommendations...I have Spendor S8e speakers and occasionally lug out the big old Klipschs for rock and roll. Thank you to those who have made suggestions.