Thanks for the feedback everyone. I checked and indeed it was the TAS review which planted the seed of bias in the back of my head. A brief search yielded similar comments, but with further investigation it became apparent that most were nothing more than hearsay.
I understand that the K-03 is an excellent player in its own right, but I have a DAC which I'm quite happy with and figured it would be easiest to limit my buying criteria to players with excellent digital outputs. Getting SACD and a top quality built-in DAC is merely a bonus.
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