Thanks for your advice. I guess I'm a little confused. I can't get the B&W 804 any sooner, as I'm not paying for them. They're a graduation gift. I wish I could graduate sooner, that'd be nice :-)

So I heard someone say that the Arcam CD player was alot better and another mention the amp was a lot better. I did a little research on the Arcams and found out that the CD73 uses better DAC's the the 72, but I haven't heard either, so I don't have an opinion.

I really like the parasound amp, but I'm not sure if that'll make as much difference with my current speakers and I might be better off waiting until iI get the new ones.

I do agree with mrtycrafts that speakers and recording quality are the most important in the system. Although I have limited experience, I feel that amps and sources components, such as CD players, make a significatn difference, although not as much as the speakers. I don't really buy into all the cable hype, just as long as its thick and shielded.

Anyway, I've read that it's best to get the best sound by hooking up CD players to the receivers discrete input, so that's how I'm running mine. I'll agree that there is definitely a difference in quality among CD players. My Toshiba DVD player sounds a lot better than my previous el cheapo CD with 1-bit DAC.

I have a friend who uses a Denon DVD-2200 with a Denon 3805 receiver and Paradigm studio speakers and his system puts mine to shame! :-(

So again, I can't get the speakers any sooner. I'm planning to get both the amp and the new CD player eventually, the question was which would make the most audible difference now.