THIS IS A CD PLAYER This is the:"Cary Audio 300/200 HDCD Player"  The CD-303/200 is a stout, handsome unit with a thick front panel of black-anodized aluminum and a beefy, epoxy-coated aluminum chassis. Even the remote control—a heavy aluminum unit with multi-function, backlit buttons—screams "Quality!" The coup de grace is the CD-303/200's transport mechanism, a Philips CDM12, which is good enough as is; Cary addition of a thick, machined drawer warmed this metallurgist's heart.The Cary is surprising—in a good way—in its abundance of features. Cary calls it a "CD transport/processor" because it has digital inputs and outputs, as well as both balanced and unbalanced analog outputs.The CD-303/200 is nicely executed, particularly given its price. It's dominated by the Philips transport assembly, which is encased in a heavy steel channel bisecting the unit from front to back. On one side of the channel are the C-core transformer and two power-supply boards, one for the transport, one for the audio circuits. On the other side of the channel is the single DAC/analog output board.The above was from a review from Stereophile. I am the original owner and I can say this is an amazing sounding CD player. The sound is open, revealing and harmonically rich sounding. It features Upsampling and also has HDCD. For a player to have the license for HDCD meant that it had to be a more robust design way above that of ordinary players. So you get an added level of performance playing regular CDs.The player has just been fitted with a brand new NOS Philips VAM 1202 J Laser Assembly (This is the official laser recommended and used by Cary.) See video in the photos.I remember when the Cary 300/300 CD came out. I compared 300/200 to it and found this 300/200 to have a more dynamic lifelike presentation. So I kept this and have enjoyed it immensely ever since.Cosmetically it is in very good condition. It has a slight amount of paint rubbed off on the edge of the cover -- see photo -- and a tiny nick on the left of the front. The whole player presents very well.Photos are actual item listed.Shipping via UPS Insured. It will be shipped in the original Cary double box.Local pick up is available In Franklin Lakes, NJ.