Even with higher end parts, the results can be inconclusive...
While not really a "high end" device, the Onkyo TX-SR608 is one that offers some decent specs at a reasonable price (~$350). This one features Burr Brown DAC's, which is usually not the case for components in this price range. It is also THX Select2 Plus, which suggests clean and powerful performance. Though this unit is really geared more towards home-theater vs. stereo music.
http://www.us.onkyo.com/model.cfm?m=TX-SR608&class=Receiver&p=f
The TX-NR609 is also just announced. Sounds nice, but I doubt you will find it as cheaply as you can get a 608 right now.
As long as you enjoy the experience, it probably doesn't matter which equipment you use.
Hey, thanks for all your expert opinions. It's appreciated. If you could indulge me a little more

I'm currently using a Nak AV8 paired with a Sony X111ES over KEF Q/C series speakers. The Nak and Sony decoders seem about parity (was hoping there would be a cheap solution here).
So, I'm thinking about upgrading the receiver (speakers are not viable right now, my old KEFs will have to do for now). Upgrading the receiver results in a unit I can I use with a spare TV/DVD player. Upgrading the CD players results in a unit I can't use. But I'll reconsider this if the best path is to upgrade the CD player; but I'm thinking if I can get a higher end receiver with a good decoder, then that's the best approach. I can't afford low-end separates (at least not ones I like).
$350 is too high for me. So, first at bat right now is a used Marantz SR7000. Not especially averse to Denon, HK, Onkyo, Yamaha but Denon seems to have QA issues and the latter three haven't impressed me much in the distant past (of course, it may be a different story now).
Any thoughts on this used Marantz, especially relative to my Nak?