the best DAC for 400$ or less..?

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i am new to high end audio,and sadly cannot afford an amazing CDP
i am looking for a DAC for my PC and my cheap standalone CDP that will be used as a transport,which one is the best one for 400$ or less,and by the way,i read that a DAC costing 400$ more or less,can perform as good or better than a 1000$ CDP,is this true?
thank you.

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Topic - the best DAC for 400$ or less..? - vedder5000 10:52:40 04/09/07 (5)

Re: the best DAC for 400$ or less..? - Gmood1 22:03:55 04/13/07 (0)

The Monica DAC is quite good for the money - kstagger 10:14:28 04/12/07 (1)

forgot to add no USB input...(nt) - kstagger 10:18:44 04/12/07 (0)

Look for a used one from the mid '90s or thereabouts - nightdoggy 16:24:50 04/09/07 (1)

Re: Look for a used one from the mid '90s or thereabouts - digepix 20:40:42 04/09/07 (0)

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