The very best Minidisc-player ever made, is the Sony MDS-JA50ES. The MDS-JA50ES is the second MD-player in the ES-series Sony produced. The first was the entry-level MDS-JA3ES, wich was introduced in june 1995. The MDS-JA3ES has ATRAC 3.5, at that time the best ATRAC verson available. The MDS-JA50ES, wich was introduced in december 1996, has ATRAC 4.5.
ATRAC Type-R, wich was introducef after ATRAC 4.5, is a bit better. You can hear the difference, but the difference is not too big. The play back-secion of the MDS-JA50ES is the best ever made, even better than the MDS-JA555ES. The MDS-JA50ES has (almost) the same converters as the famous CDP-XA50ES CD-player. The MDS-JA555ES is cheaper and not as high end as the MDS-JA50ES.