I have been watching this thread, and thought I would chime in with my experience with the PS1. I was looking for a CD player to use with my solid state HT system in my basement. I have tube gear in my 2 channel rig upstairs, and ever since I got that, using my DVD player for 2 CH music downstairs just didn't cut it for me. But, I didn't want to spend alot of money. I bought a PS 1 about three weeks ago (model SCPH-1001).I was skeptical like most probably are, but for $25.00 on Ebay, why not? My experience was pretty jaw dropping like some others have stated. The detail in this player to me is really quite remarkable. Very clean and clear sounding. MUCH better than the analog outs of my Denon 2910 universal player. I have found the bass on the PS1 to be a bit of a weakness as others have found, but that's not to say it is bad. Certainly something I can live with, and not a deal breaker. I do think it needs to warm up for an hour or so, but not for three days as some others claim. I have been using some DIY interconnects made from Wal Mart patio extension cord and Radio Shack RCA ends, and it sounds REALLY good. Don't feel the need to go out and buy expensive interconnect for it right away- take baby steps with this, because you may not feel the need for them. I did try a Hi-fi tuning fuse, and it did make a difference, but for me was not as big of a difference as some others have stated. I got a C7 to IEC adapter, and am using a Tube Audio Design "Iron Lung" Jellyfish power cord with good results. I may try the PS Audio C7 Power Punch at some point.
Now, what I really like is running it through my Musical Fidelity X10v3 Tube Buffer. To me it gives it a little bit of tube flavor and warmth, and strengthens the bass a bit. It was when I did this that I said WOW, I think I have found what I was looking for, without having to spend alot of money. I have now bought a second PS 1 off of Ebay for experimental purposes, and will be trying some mods that are talked about in the forums.
I whole heartedly recommend you to try a PS1. Even without running it through a tube buffer, it really did drop my jaw. Is it as good as $6K player as the article in 6Moons states? Probably not, but then again I am not qualified to say if it is or not. But, it may convince you to sell what you have now and pocket the extra cash. I am actaully quite afraid to compare it to my Cambridge 840C player in my 2 channel rig, in fear that I just might prefer the PS1. It is finding things like this for so little money that sometimes remind me why this hobby is so much fun.