Kevin,
My receiver can decode an HDCD stream. My CD player is not HDCD compatible, but when I use the digital connection, play an HDCD, my receiver's HDCD light comes on. On my system, it is not that big of a deal.
I think you would be better off getting a universal player for SACD/DVD-A
I did get a chance to hear a coupld of XRCD's. These do not require a special CD player, and they sound great.
By the way, I think Microsoft either owns or has some kind of investment in HDCD...if that means anything to you.
-curtis
