I own it. It is a great, simple CDP. Teac missed the boat with the lack of any inputs and no SACD, but the build is solid (Esoteric, Teac/Tascam’s hifi brand makes some of the best disc players on the market). If you’re looking for redbook and/or a small form factor, it’s worth considering. Otherwise, there is probably better options for more/less money.
chame1i0nA Sony BDP with SACD capability would be a good starter option if you have a DAC with coax and a TV, or an AVR with HDMI. They’re available close to free.
Tascam decks are also typically quite decent for redbook. The current Teac/Tascam 650 has a lot of the features this CDP is missing. You can find them under $200.