The Accuphase SACD players all convert DSD to hi rez PCM...
namely 24/192.
The Meitner DAC converts all redbook CDs to DSD. There are other SACD/Universal players that convert DSD to PCM. Usually, if you're doing Bass Management, you can be sure that you're converting DSD to PCM. I think that the new Teac Esoteric is going to convert DSD to PCM, but don't quote me on this one.
Personally, why bother with DSD/SACD, in this case?
Chris
Well, not entirely true....
Most of your higher end SACD players DO NOT convert DSD to PCM. Even with many of the cheaper mass market players, if you do not go through bass management, you don't get the conversion, but one has do some research and confirm this. I'm not that well versed in the MC DVDV/SACD players to say for sure. I know there was a Pioneer Universal that converted DSD to PCM even if B.M. was not utilized.
The majority of stand alone Hi End MC/STEREO SACDPs do not convert.
You are correct that more than a few SACDs are derived from PCM masters, but most of your early Jazz and Classical SACDs are sourced from Analogue Masters. Also, there are more and more pure DSD recording hitting the streets, as well.
Take care, Chris