I have been looking into replacing my near 20 year old CD player. However, I just recently came across information on a new high tech gadget from Slim Devices that has me rethinking my approach. Basically, this device allows you to wirelessly connect your stereo to your PC which acts as a music server. It includes software that lets you losslessly rip and compress your CD's to a hard drive. A 300GB drive (which can be had for $200) can losslessly store approximately 1000 CD's. The device is only $299 so the DA converter quality is likely suspect. However, you can output the digitial stream to a DA converter of your choice so that is not a concern for me.
I'm interested if anyone here has any experience with this device since, right now, all I have to go on is the manufacturer's hype.
http://www.slimdevices.com/