PS Audio has a habit of coming up with innovative, yet relatively affordable high end audio gear. Their newest transport reads a CD into a memory buffer in an effort to virtually eliminate jitter. The built in display is capable of showing cover art in addition to the standard information normally displayed by a CD player. The unit has been in development for quite some time, above is a picture of the original prototype.
Also of interest is the matching DAC which has an I2S input capable of much lower jitter compared to the more standard digital connections of optical, coaxial, and AES-EBU which are all based on S/PIDF. The built in volume control is also a nice touch. For those who use only digital sources it would allow them to do away with their preamp entirely. Due to the fact that the DAC can find music files on networked hard drives it can also be used to put together a first rate music server. Add all of that up and it's a virtual swiss army knife.
Who better than the man himself to explain it all? Paul McGowan tells you all about them in these two youtube videos.