Cheap SACD Player or wait for DVD Audio?


Do I understand there is a new Sony player for a reasonable price? Has anyone auditioned or purchased this unit? I heard the $5000 one and thought it looked and sounded great but found the price tag a bit steep given the number of titles available. I would love advice from any gurus on this format
melllowmanca9f
Thanks Simontju, for taking the time to post such a thorough response. I will certainly think more seriously about the 9000ES now, I just need a little time to recover from the post holiday cash flow shortage! Does anyone have an opinion on how important 5 channel SACD will be, in relation to 2 channel SACD?
Simontju: Jerry Ozment modified my 777ES by adding his tubed output stage, and as modified it is a superb player, comparable with the best out there. The digital side of these players seems to be where Sony spent the bulk of its time and money; they put in a servicable, fairly good-sounding (if you like smooth sound), analog stage, but that's where you can wring a lot better performance out of these machines. Don't know if Jerry's decided to keep doing the mods, and they may be more expensive than Stan's if he does, but you are correct about potential of these machines, and there are plenty of talented modifiers out there if you want better resolution than the stock units.
Simontju - thanks for all the helpful info. As for waiting, I think anyone who wants a great DVD player and also values great 2-channel audio has no reason to wait at this point. I will certainly admit that if the DVD aspect holds no real interest that this may be a closer call, with many new products right around the corner (and hopefully a lot more software), but I paid $900 for my current Sony DVD player and wouldn't think twice about upgrading to a progressive scan ES model from Sony for that price as well, especially if I get to experience SACD as part of the bargain.
To RcPrince: lets be accurate. jerry did not modified 777ES . He bypass entire Sony analog stage and added external analog (tube) stage of Audiologic 2400 ($5.k retail) for $1,200. It was faster and cheaper for him rather then re-design new analog stage for 777ES. Stan Warren, hopefully, will re-design analog stage of 9000ES (he is not "resistor and capacitor" type of guy. He is one of the best audio engineers in this country, He is "S" in PS Audio ("P" is Paul McGowen, designer of PS Plant 300,600 and 1200) also quality parts such as black gate capacitors, appropriate op-amps etc will be added. However, I wish to point out that people who do not like modifications can instead buy better interconnects and speaker cable. Good wire always improve resolution, soundstage etc. Be careful; you can do it with 9000ES because it shows superb accuracy of timbre whereas 777ES exebit non-natural timbre. and it will be emphesized with better wire and will be extremely annoying. Ad you know butter was produced by "bitting" the milk. As much you will "bit" the shit no butter will result. With respect - Simon
Get a cheap sacd. I like the SCD-1 - balanced outputs, and can be used as great transport later on. Sony/Philips/Marantz probably won't come out with a DVD-A. Check out the new multi-purpose players before you buy.