odeen-my bad, i got mixed up with all those pictures people posted back at headwize...The D-EJ01 doesn't have dual DACs either, so it must be the in-between models that have it(905? i dunno, but i'll take bubblegummy's word for it).
I don't think the number of DACs really matters that much, 1 good DAC will sound better than 2 bad ones.
As for the 1-bit DAC, i think they are good for portable use. They do suffer from many problems that make them worse than traditional multi-bit DACs (ie 16, 18, 20, 24 bit DACs) in a reference DAC design, but in a portable with many design compromises (low voltage, low power, low cost) the DACs archetecture isn't important at all. So how well the DAC is used in the design (and the design of the actual DAC) is much more important than whether its a 1-bit or multibit design. (panasonic uses MASH which is a third type of archetecture, again what's important is how well the design is used)
And although i think some of the new CDPs do sound very good, i don't think its worth upgrading for the small difference. Your panasonic 510 is great (amazing build quality- they don't make them like that anymore) so i'd keep on using it until it stops working.