I watched their video demo, and read up on the Netgear EVA9150, which it is based upon. The biggest drawbacks are the lack of a display (you need a computer display or TV to control it) and it's dependance upon their proprietary software interface, for which I couldn't find any details. It's also limited to 44.1 kHz streams right now, but they say a forthcoming "firmware upgrade" will allow streaming up to 192 kHz, which would put it ahead of the forthcoming Squeezebox Touch (and even the Transporter). Unfortunately, the currently offered SS drives wouldn't have the storage capacity for 24/192 albums, so that becomes a moot point! In theory, this approach does make sense, and I'm sure we'll eventually see more practical and cost-effective solutions from mainstream consumer brands first (e.g. Apple, Netgear, Logitech), then audiophile brands to follow.