recommendation for inexpensive CDP

There are several inexpensive Toshiba DVD players that cost between $50 (for a DVD/CD player) to $150 (for a universal DVD/CD/SACD/DVD-A player. They sound decent enough stock, but if you're willing to put another $50-100 into them and can soldier a little bit they sound very nice indeed.

Here's my notes on modding the Toshiba SD4960 universal player (about $119 at JandR.com or Amazon):

http://www.audiocircle.com/circles/viewtopic.php?t=12613

Enjoy,
Bob

Marantz CD67SE over $100 and under $300
Marantz CD17 MK II over $300 and under $500

If you want to buy new, you should consider a Cambridge Audio Azur 340C CD player -- available for $279 from www.audioadvisor.com, 1-800-942-0220. It includes a 24/96 Crystal DAC and has decent specs. Personally, I'd suggest you buy used, since CD players depreciate rapidly.
Good Players to consider if you can find them for under $300:
-- Arcam Alpha 7 or 7SE
-- Arcam DiVA CD62
-- Rega Planet (original model)
-- Marantz CD67SE
Decent CD players you can probably find for under $300:
-- Cambridge Audio D300, D500 or D500SE-- NAD C520 (one currently listed on eBay)
Acceptable CD player you might get for under $100 if you can find one:
-- Sony CDP/XE400