Highly reviewed and great sounding CD player with variable (32 steps) and fixed analog outputs, six S/PDIF digital inputs (3 RCA coax, 75 ohm, 3 Toslink optical), digital output (Toslink optical only), and 2x upsampling D/A converter with 24-bit maximum resolution and maximum sample rate of 192kHz. Disc compatibility: CD, CD-R Recordable CD (finalized and unfinalized).
The variable output can function as a preamp. The player can also act as a stand-alone CD player into another preamp, as a DAC to input PCM digital signals to a maximum resolution of 24bit/96kHz (as well as Minidisc, DAT players, and Digital Audio Broadcast tuners). It can also integrate nicely into your home theatre system, since the stereo output of DVD players can be greatly improved by connecting the digital or optical output of the DVD player to the Quad CDP-2.
Wes Phillips' review in Stereophile was quite a rave, as well it should have been--this is a great CD player as well as a stand-alone DAC. He said, "I got goosebumps at just how ‘there’ it sounded. I could have read a book in the time it took notes to decay....But first, I should describe the sound of the 99 CDP-2 as a CD player: refined, extended, smooth, detailed, and listenable. The sound was crisp and clean, with so much overtone extension I looked up occasionally to be sure there was still room on my ceiling for all the high frequencies. I mean that in a good way, of course. But, tarnation and great balls of fire! Add all of those features together and the Quad 99 CDP-2 starts to scream Buy me! Or, at the very least, Try me! At its price, it's almost certainly what you need—and what you want."
The Stereophile review above and other excellent reviews are easily viewable via Google and also there are links to reviews on the Quad website.
Cosmetic condition is flawless. In other words, I cannot find a single scratch, dent, or ding on it anywhere. I got this player from the father of a young audiophile who passed away before his time. It sat for a while after his passing and when I got it the transport did not work. So, I sent it off to the authorized Quad U.S. service center and had a brand new transport mechanism installed. Since then, it has seen about ten hours use. Since a failed transport mechanism is probably the number one reason for a CD player's breakdown, you can rest comfortably in knowing that this unit very likely has many years of high quality listening ahead.
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