If you're still interested, I just purchased the Rotel RDV-1092, which actually converts to 1080p (as well as 1080i). For superior video output, one might want to consider the Denon 3930. However, when it comes to 2-channel analog playback, the 1092 is, from my perspective, the hands-down the best performer (I did compare it with the Denon and Arcam DV-137 in my own home, but separately - not A/B - side-by-side). The Arcam was also excellent at 2-channel playback, but at nearly $700 less (I got a great deal from my dealer), it was a no-brainer to go with the Rotel. I did do a serious side-by-side A/B comparison with the Rotel and my ARC DAC-II / EAD T-7000 transport (which is older gear by today's standards - but, at $6,000 ten years ago, was among the top of the heap). The Rotel was so good; I could not really distinguish any noticeable differences in performance. I went with the 1092 because of the audio performance, not because of the video. However, the video is outstanding. My plasma does not do 1080p, but at 720p the video is incredible (much better than the 1080i- I believe progressive is better than interlaced). Hope this is helpful.
Note: the Rotel does an outstanding job with red book CD playback. Also note, I believe Arcam did away with the SACD playback option for the DV-137 (the Rotel does not play SACD either). I am very satisfied with the Rotel.
Ben