How big of a power supply should your digital gear have? Would you trust digital gear that weighs almost nothing?
Caesar,
This can be an interesting question. From a technical standpoint, and has been indicated by others, the power supply only need provide the power demanded by the load. For a CD player or DAC, that amount will be relatively small, perhaps less than 10 Watts. So long as the amount of power demanded is supplied, then the issue becomes the quality of that power. Is the resulting D.C. voltage(s) held tightly constant, and how tightly, and across how wide a band of of frequencies? Is that power free of noise and harmonics, both normal mode and common-mode? Is the supplied power reactive or resistive in source impedance, as delivered to the powered circuits? Most, but not all, of these concerns depend upon the voltage regulator circuits.
In addition, the commutation (switching) of the main rectifier diodes causes the power transformer to ring at high frequency, unless an RC snubber circuit has been implemented across the secondary winding. Unintended coupling from the supply to the powered circuits can be a problem when amplifying small signals, hence the not uncommon use of remote power supply boxes used with phono stages. Also, in my experience, common-mode noise is more of a problem than is often thought.
From the perspective of a non-technical consumer, power supply weight is, of course, a proxy for overall component quality. The problem is that what provides most of that weight is the iron used in the power supply magnetics, such as the main transformer and in any power chokes. It doesn't cost much per pound for manufactures to include massive amounts of such 'magnetic' iron in their products, and thereby, ride the consumer's equating of mass with quality. That applies to heavy chassis/enclosures as well. And yet, I think, there can be a kernal of consumer truth to the mass-quality assiociation. While gratuitous mass may not indicate much positive, too little mass can indicate something negative, especially for a power amp - switching supplies not withstanding.
The issue of component overpricing is a seperate one, I think. One which pervades high-end audio.