I'll second the option of an Oppo for CD player use. You can buy used previous model Oppos for less than $500. But, even the current
BDP-103 itself is $499 new and will completely future proof you for the foreseeable future. Meaning, it provides you all sorts of features you may not have an immediate need for but might later: the video capability is bar-none, networking if you ever want to go with a NAS setup or you can connect an external drive. You've got BD (obviously) so you could rock HD audio from a concert movie. SACD... all sorts of great features with Oppo.
Also, they are GREAT with updating their FW regularly if a bug is caught or they want to add features.
I use the BDP-103 myself in my HT and have been very happy with the purchase. For $499, I honestly can't see the point of even considering other options.
The only other option I could see you doing if you will ONLY ever want stereo is to look at their
BDP-105. It's $1200 but it has XLR outputs for stereo outputs (regular RCA for the additional outputs) and can be used as a pre-amp itself, completely negating the need to use an AVR if you use separate power amps. I've considered doing this myself but I can't justify it.... plus I need the features of my AVR namely, for the extra Zones. The 103 can be used a pre-amp itself as well but I wouldn't recommend it; it's not intended to be used in that manner and results in a bit higher noise floor (speaking from experience).
Edit: just to clarify, the 105 can be used for multi-channel, but it's 2-channel audio section is kind of the cream of the crop. it even has dedicated XLR outputs for 2-channel stereo. And overall it's the better option than the 103 if you want to bypass a dedicated pre-amp altogether and use the oppo as the pre-amp.