For those reading this in the future, OPPO BDP-103's are great, if your transport method will be HDMI.
If you're going analog, you need a 95, 105 or 205. I can not stress this enough.
Well, in my setup I have a 203 connected to a Marantz SR6011 via HDMI and analog and, by far, the 203 DAC does a better job compared to the Marantz DAC. Even better than my oppo 95 (analog outputs)!! So I think your statement is true not on all setups.