Quoting myself from another current post:
"I had a little windfall recently and upgraded to a Cyrus DAC XP, but before that I had a DACMagic and a Cyrus PreVS2 (preamp) going into a pair of Cyrus X Power (power amplifiers), and later a pair of Cyrus Mono X (power amplifier). I was and still using laptop/iTunes as the source and wirelessly connected to the Hi Fi via Apple's Airport Express.
The point of all this background info is that I listened to a Cyrus CD8se and CD6se (which respectively contains the DAC modules of the 8XPd Qx and 8XPd), but my ears told me to keep the DACMagic instead of buying either of those CD players. I was more than happy with that DACMagic set up until the windfall tempted me to upgrade the DAC. That should tell you something about the quality of the DACMagic and may help you to decide the route you wish to take, or my apologies if the above confuses you even more!!"