upgrade advice for budget-minded beginner


I was looking for some advice on possible upgrade paths. I'm new to this A'gon community and want to get the most out of my "investments" since I'm a college student with limited funds. Currently, I have B&W 602s with an old Denon DCD1000, Yamaha M-60, and a Kenwood pre that needs to go. My noise floor is just awful, the highs are very forward and bright, and alot of music sounds lifeless and overtly digital.
I was considering the Onix reference 1/SP3/XCD88 combo for $1500, but wasn't sure if the Ref1's would be a huge step up from my 602s thus justifying the purchase. Also, I've never heard a tube amp, and although the characteristic naturalness and soundstage abilities seem to be what I'm looking for the supposed lack of woofer control and low wattage make me a bit nervous.
Another option I was toying with was keeping the Yamaha M-60 and adding an Eastern Electric Minimax preamp and possibly CDP to my setup hoping to take the edge off the highs, open up my soundstage, and eliminate background noise.
Basically, I was wondering what people that have more experience with this hobby think would yield the most "bang for the buck" in my situation. I want a deep and broad soundstage, natural sounding mids, musical highs, and authoritative bass but don't want to spend an arm and a leg to get it (like everyone else, I'm sure!). I'd appreciate any input, and am sorry about the length of the post.
ethanh
The Eastern Electric M520 integrated just made the cover of Hi-Fi World UK.
http://www.hi-fiworld.co.uk/hfw/currentish.html

A glowing review.
ethan--

i believe the onix cd player you are considering is mechanically the same as the music hall cd-25. i can tell you from my own experience that the gear put out by onix is really excellent. if you are concerned about budget, the onix solid state integrateds are also excellent bargains. you can get a b-stock a60 for $299 at av123.com. the a60 is as good as or better than alot of the more popular "budget" integrateds out there (audio refinement, nad, etc.). i also second the recommendations for jolida integrateds... very good sound, and excellent resale should you want to upgrade or change in the future.

if av123.com has an in home trial available, i would go for the package. i've read nothing but good things about each of those components, and my experiences with onix equipment has been resoundingly positive.
Well, Ethanh had the Onix xcd-88 in mind then why pay $240 more for the Music Hall CD-25, same unit. If you want to tame the brightness the Onix or Music Hall wouldnot help without mod. The Rega players in this case would be better choice. I agree with the Jolida upgrade path. Happy listening.
I will chime in here and say that no specific piece by itself is worth recommending, because it is the whole that is important. It is my philosophy that the speakers and the source (CD or LP) are the most important links in the chain, and the amps and wires are secondary. If you like the sound of your speakers and you have grown accustomed to them, then keep them. The NAD is a great suggestion, as is the Marantz 7200. They have flexibility and a good clean sound for the money. I would have you spend most of your money on the CDP because if you get something you really like now, you will keep it for a long time. You might consider the Njoe Tjoeb 4000 which is a modded Marantz, although the Music Hall has a great sound and is a great piece for the money. Don't neglect the room for your setup. Even the best system will sound bad if the room and acoustics are bad. Good luck and let everyone know how it works out.