Logitech Squeezebox sound compared to CD Player


I am thinking of getting a Logitech Sqeezebox Touch and was wondering how good it would sound compared to my CD Player which is a Denon DVD-2930ci universal player & a Jolida JD-100A? I have itunes on an external HD (CD's have been imported to via WAV)and also use Media Monkey for my FLAC imported CD's and HD Tracks Hi-Res downloads. Also, are the cables I use to connect to my preamp as crucial to sound as they would be to my CD players? Any advice would be much appreciated. Thanks to everyone.
128x128tune_man
Good luck and I think you will be fairly impressed with the Touch on it's own. But it really needs an outboad DAC to shine. I use Media Monkey to sync my iPod, but you really won't even need it to stream to the SB. You will use the Logitech Server software bypassing any other file management system.

Shakey
12-09-11: Mapman
The things I read that might make a predictable difference is choice of ic out, and nothing shocking there and maybe power supply but I would not expect much difference from that.

Mapman, I would suggest you give an upgraded, non-switching power supply a try. When I added a Bolder modded power supply to my Squeezbox 3, it made a very noticable improvement. Deeper, tighter bass and more extended, airy highs.
I have finally purchased a SBT. I am liking it so far. I am using it stock currently to have a point of reference. The sound is good but have not done any serious comparisons yet. Will update it's status in the near future. Thanks everyone!
I paid $231 (free shipping) from Amazon. The price seems to be a lot higher now. I purchased mine at the end of February.
I am really enjoying it. Very convenient and sounds good.