Well, I obviously couldn't disagree with Mikey more on the CD555, that's why I bought it. And when we got it in for review, I was listening to a Meridian 808 and Wadia 581i which are both no slouch.
However, I don't have a 100 thousand dollar turntable to compare to, my analog front end at the time was only an SME 10/SME V with the MOFI 3.5 C (Myabi) cart and the ASR Basis Exclusive phono pre.
But I will have the 50k Continuum in a week or so, so it should be a pretty interesting comparison.
Also noted, was that when the Naim got here, as much of a Naim fan as I am, I was all ready to shoot it down and say that it was no big deal. But it sounded so organic and natural, that after three months, I just found myself listening to it most of the time instead of LP. Don't get me wrong, I still love vinyl and not all music is available on CD (nor is it always as well recorded), so I wouldn't go without a good record player.
All things being equal though, if I could have every record in my collection duplicated with equal quality on CD, I could happily live without a turntable and just use the 555.
Funny thing, every person who has listened to my system and A-B'd both came away with the same conclusion. I don't feel that CD playback on the 555 is better than analog, but it is organic and musical enough that I am achieving just as emotional of an experience.
I'm just happy to be getting playback in both mediums that I enjoy so much!