This player was very highly rated by the hi fi press when it came out in the late 1990's. Though it retailed at up to £450 It was compared with CD players of up to £1000 due to its natural sounding playback helped I am sure by 8 Burr Brown DAC's (4xBurr-Brown's PCM1702 20-bit DACs per channel) normally found in much higher end kit (of that time).
So one of those products that has a nice sprinkling of the old 'fairy dust' that pop up unexpectedly from time to time. A bit special.
It was said glowing reviews that convinced me to buy it (for a heavily discounted £150 from Richer Sounds) and I've now owned it for over 10 yrs and its still going strong. I still remain impressed at the way it sounds (though CD has long been supplanted by hard disk as my primary means of music playback).
The player used a proprietary Kenwood technology called DRIVE (Dynamic Resolution Intensive Vector Enhancement) via which it was said that the player could achieve a 22 bit resolution out of 20 bit chip by way of an 8x DAC config (those lovely Bur Brown DAC's) and 32x over sampling. Or so Kenwood claimed anyway! Nevertheless the pleasing listening results spoke (or should that be sang) for themselves.
It also has some nice additional features such as 'display off' which can help to further improve sound quality by removing electrical "noise" caused by the display. You can also control the players volume output which is useful if you have an amp whose volume cannot be controlled via remote (such as my Pioneer A400). Though you need to go easy with this setting since overuse degrades sound quality and Its also designed to link seamlessly with a suitable Kenwood amplifier.
If you can find it online from the likes of eBay I am sure that so long as you get a model in good nick you will be impressed. Just be aware that it is on the large size height wise so aesthetically it may not be to everyone's taste.