I've used an Oppo BD-103 with an external Western Digital hard drive tucked behind it. When I need to update new music, I attach the drive to my laptop for downloaded or ripped files. It doesn't eliminate the computer completely, but it is capable of network streaming so you could have a NAS drive in another room. As far as the equipment rack goes, the Oppo fits in nicely. It allows CD/DVD/Bluray playback, but could be used nicely in a music only system. It has great DACs already, which I use and feed via analogue RCAs into the back of my Denon 3802 receiver. It is used for both music and home theater and allows 7.1 decoding. However, for a music only system, and depending on budget, the Oppo 105 has better audio capabilities (and video if you want it). The Oppo can work as the media server, preamp, DAC and CD drive. One minor annoyance is that for gapless playback, you have to hit a menu button and select gapless for ripped files. If it would default to it, I would think this would be an ideal setup for minimizing various "boxes" in my audio rack. Just the Oppo and an amp would get the capability to play any audio disc and ripped files. I am looking to upgrade to Oppo's new UHD player in the near future, but from what I understand it does not offer Pandora, Tidal or other services built in, so the 103/105 would be better since they do have them. I've tried computer based with XBMC/Kodi, Plex and others and all were a PITA to set up correctly. Plex worked the best at the time, but it has been a while since I've tried any of them. I'm sure they've improved since then.