Sony DVP-S7700 DVD Player
Excellent player - both sound and video
This player is the benchmark standard of all DVD players.  Read a review of this player in Stereo Review's Sound &amp; Vision.  Every other player is measured against this piece.  The video is superb, especially hooked up  with the component video outputs, and the audio is amazing.  As far as the  downsampling goes, Sony was simply complying with the manufacuring standard  of the industry which did not want to allow a digital bitstream passing out  of the player at 24/96.  That is why it is downsampled to 48!    Additionally, if you have DACs in your system that are better than the ones  in this Sony, you should be looking higher, like at a Lexicon or a Meridian  player.