JAY'S Audio CDT-3-MK2 or PS Audio DirectStream Memory Player

I have and the Jay's Audio CDT2 MK2 out performs the PS Audio.

I haven't heard the Jay Audio CD12 but  6 Moons gave it an excellent review. I also respect the opinion of Teajay. I can say that I've owned the PS Audio PWT for over 7 very happy years. It mates beautifully with my Yamamoto YDA DAC and sounds very natural and emotionally engaging. I have no reason to doubt excellent results with the Jay Audio. Seems that you couldn't go wrong with either choice. Redbook sounds fabulous through my system. 
Charles 

My only concern would be is Jay Audio going to be around in a few years? PS Audio is a very well established company. Makes one pause to think.

I’ve onky had in-house the Jay’s Audio CDT2 MK2 and the NuPrime CDT-8 Pro transport as possible replacements for my CAL Delta transport. In terms of ranking SQ: CDT2 MK2 is far better than both CDT-8 Pro and the Delta transport, and the CDT8-Pro was on par with the Delta transport. 

I was also looking for a transport to replace my Musical Fidelity M1 and my April Music CDT100 transports, and was thinking of the PS Audio transport. 

I decided to go with the Jay's Audio, based on feedback here and a few other places. It is a wonderful transport that sounds much better than the transports it replaced, and is built to a very high standard.

My only issue with it is the remote. While heavy and relatively well made, it isn't purpose built, and so I many buttons are unused (like display off, which is disappointing).

Otherwise, I recommend it every time I see someone talking about wanting a new transport for their cds.