Your 15 year old cd player has better DAC's than your current receiver? Perhaps it's time to upgrade. I have a cheap Pioneer 656A dvd/dvd-a player and it's plugged into my Rotel 1066 processor. To tell you the truth, I can't hear the difference between using the Rotel's DAC's or the DAC's built into the dvd player. (I can easily swith on the fly between optical out or analog out of my dvd player with my Rotel's on-screen setup) Both sound equally good.

This tells me that either

1) I'm deaf
2) My Rotel DAC's suck
3) My dvd player's DAC's are great
4) Most current generation DAC's sound the same

I'm leaning towards the answer being #4. So unless DAC's have evolved backwards over the past 15 years, you may want to look into an inexpensive upgrade, no?

Anybody else have any thoughts?