"High Density Linear Converter" sounds like a catch-phrase from the marketing department. I don't know if the technology behind it sounds good, bad or mediocre. I recommend going with the dual DAC and an oversampling digital filter, preferably at 4x or higher.
I'm not a huge fan of 1-bit converters, but you won't run into those if you're looking at players from the 1980s. If memory serves, they started appearing in CD players in the early 1990s. The Philips "Bitstream" players with a 1-bit DAC running at 8x were noticeably poorer-sounding than their 16-bit/4x players of a few years earlier. The Panasonic MASH and JVC PEM low-bit converters sounded better than the Philips Bitstream chip set, though not quite as dynamic or detailed as a good oversampling multi-bit chip set.
One additional point ... the analog stage after the DAC can also affect the sound for good or ill. There was a thriving cottage industry in the late 1980s and early 1990s that improved mass-market CD players -- sometimes quite radically -- by changing op amps, upgrading the power supply and replacing selected passive parts with higher-quality ones.
Found some info on this. What do you think?
Sony's multi-level digital-to-analog conversion is a significant step forward
in audio technology. To appreciate the advance, it's important to understand
three types of digital-to-analog converters: multi-bit, 1-bit and multi-level.
Multi level D/A conversion
D/A conversion in a typical early CD player employed 16
switches, corresponding to the 16 bitsof the CD sample. Each switch
produced a different level of current, according to the significance of the
bit.
In the 1980s, the overwhelming majority of CD players used multi-bit
Digital-to-Analog converters (DACs). Also called "ladder type" or "resistor
ladder" converters, these designs typically used one resistor switch for each
digital bit in the sample. The value ofthe resistor controlled the amount of
current that flowed when the switch was On. Each switch produced current
proportionate to the value ofthe corresponding bit. For example, the current for
the Least Significant Bit (LSB) was 1, the next bit was 2, the next 4, the next 16
and so on up to the 16th or Most Significant Bit (MSB), which had a value of
32,768.
While these converters could offer superb dynamic range, they were
susceptible to a distortion called nonlinearity. For anygiven output level, the
combination of switches set On and Off would always be the same. In this way,
if a switch's current source had an error, that error would always be reflected in
the output level and the linearity would always be spoiled in exactly the same
way.
This problem of errors and nonlinearity was especially important in the
MSB, because the MSB is so big in comparison to the other bits (for example,
32,768 times the current of the LSB). Soeven slight errors in the MSB could
overwhelm the value of the smaller bits, distorting the musical signal at the zero
cross, where the binary digits flip from 1111111111111111 to 0000000000000000.
These errors are generally masked by the music, when it is loud. But when the
music is soft, this problem of "low-levelnonlinearity" can imparta grit or hardness
to the music that university researchers found to be audible.
For this reason, technologists developed 1-bit D/A converters that
bypassed the problem completely. Significant among these 1-bit designs was
Sony's own High Density Linear Converter™ circuit, which made its debut on the landmark CDP-X77ES in 1990 and has since been followed by Sony's Current Pulse 1-bit converter. Like other 1-bit converters, these Sony designs overcame the problem of zero-cross distortion, achieving superb low-level linearity for excellent sound, even during quiet passages and the reverberant tails at the end of musical notes.