Agree. Then, with a couple of Naim PSs, one on the NDX and the other on the SN, you can achieve a four box system, one box at a time. Each should give you a nice lift in SQ.
NDX 2 will need another £1k thrown at it which isn’t the end of the world. I’m just conscious of spending £4k on it and not seeing that much more improvement over the CXN + Qutest.
It might not, but it’s so personal. Even used, a NDX2 is a pricy box, so I’d really want to compare the two front ends myself. Of course that may be tricky under present conditions.
If I were you, I think I wouldn’t change the streamer as it’s probably fairly good (unless you don’t like it or would be keen to make it an all Naim system?) but I would get the best DAC I can afford … and even push the budget a bit if possible?
I would say that investing in just a very good DAC that you like to add to the CXN is probably money better spent than NDX2 (+ PSU?) but as above it’s an option and I did sell mine for just over £3k (admittedly a little while ago so they may have gone up). The ND5XS2 would give you the Naim latest streaming platform/interface but I don’t think a worthwhile (if any?) improvement in SQ.
I would be tempted to go for a 282 and 250DR, both used. The SN3 is the weakest link in your set up and this would represent a great long-term upgrade.
It’s worth thinking about which four boxes you want to end up with, then plot the best way to get there. At the moment your options seem a bit random. Do you want a Naim source? Do you want a pre-power or an integrated? Do you already have dedicated mains?
For me, a separate Naim pre/power amp needs more than a bare NDX2, so I would want an XPS if you go all-Naim.
Alternatively if you like what your Chord DAC does, many have found the Hugo or Qutest to be a significant upgrade over the DAC in their Naim streamer despite their relatively low price. Upgrading to a TT2 should be below budget, or you could add an M-Scaler.
I would add that saving money by buying used items unheard can turn out to be a false economy. Keep an open mind and be prepared to try a few different options if you want to end up in a good place.
As @garcon indicated, the DAC is the key component in digital replay. You have Qutest: the question perhaps is which would make a bigger difference, adding M-Scaler or changing Qutest for TT2. Best have an audition of one against the other.
Ideally you need to decide on what this 4 box end goal is first, and work towards that. I’ve had 4 boxes (SN2, HiCaP, NDX2, XPS DR) and it was very good. Now I 5 boxes: NDX2/555/252/250 and it is somewhat better, as you would expect. The 555 only replaced the XPS as a great opportunity presented itself. The 252 ran with the SN2 in power amp mode until a 250 arrived. I had planned for a 282 with my HiCap, but a better used option came up in the 252.
Deciding on the end goal, and minimizing the number of steps is ideal, though second hand opportunities can often change things.