Hi. If your MAGNAVOX has a coax out,then get an MSB Link-3 DAC,around $400.00 with a good cable,maybe $450.00. And,it is upgradeable. I can't see spending real big cash on digital anymore.What cost you $950.00 to get in sound 8 years ago, you can get pretty close now,in a $200.00 DVD/CD player. (Yes,I realize by saying that,the Audiophiles will write me off any an infidel).All I know is, that I have heard this combo players,and they are so close to my High-End CD Player ($700.00),that I sold it, bought the combo, and put the difference in my pocket.You will never see me paying big money for a CD Player again.