Does this device exist?

I’m looking for a convenient way to get the music from my CDs (a couple thousand) into digital form. In my mind’s eye, I see a one-box device – I pop in a CD, it quickly and accurately rips the disc, with the option of choosing various formats, compressed or high-quality lossless. It stores the resulting files on an internal hard drive, or it allows storage on external drives, and easy external backup, too. It has a navigation interface as familiar and easy to use as iTunes (heck, it can be iTunes). It has a good digital output (preferably AES/EBU, but if that’s not available, then SPDIF or USB), so that I can use the DAC I already own. It is completely quiet during music playback – no fan noise, no strange mechanical or digital noises. It’s simple to use. It doesn’t result in a mess of wires and boxes all over the place. It doesn’t cost an arm and a leg. It just has to provide copious storage and a clean, audiophile-quality output to the DAC – and just for a single system, no whole-house server needed.

Any nominations? Thanks.
You are describing a Qsonix or a Sooloos. The problem is that you are stuck with that software ripping/playback and that hardware.

The Qsonix did a good job fortunately, so I recommend it:

Steve N.
Empirical Audio
Yes and No. There are tons of options that do what you want, but there is not one that is IT. There are trade offs on all the solutions.

You are looking for Qsonix, Sooloos, Olive, or mac mini (check out mach2music).

The biggest problem is ripping the cds. A couple thousand cds at 6min a cd = 200hr if you rip constantly

This is honestly holding me back a little bit on the whole server idea and I don't really want to add another source. If I'm going server I want to go all the way.

The only thing I have seen to help with ripping are the service offered with the high dollar servers (think olive and Sooloos offer it) or buying a robo ripper and then trying to sell it used when I'm done.

Take a look at the ripstation 7601xdp
Rips to various formats and also does look ups for filenames. Windows only but not hard to borrow a PC just to run your rips and then move to another system.
Consider the Music Vault Diamond. It is exactly as you describe, plus automatically backs up on a seperate drive. Uses an iPad as interface, so you are also provided with something that has a use outside of the audio room.
On your question about cost -- a Mac Mini new is $695.00, but the internal hard drive in that configuration isn't big enough for your collection. So you're probably looking at a two terabyte external hard drive for your collection, and another one for the Time Machine Backup, adding about $400.00 to the cost, for a total of about $1100.00. If you don't already have a monitor, mouse and keyboard you would have to pick those up as well -- how much that costs depends, of course, on what you buy. If you already have them, great. How much you spend on the USB cable to connect to your DAC could, of course, run from very little, if you get it from a place like Best Buy or Amazon, or a great deal, if you simply must have a cable with the AudioQuest or Shunyata name on it.

If you wanted to go the Airport Express route, I assume you already have a wireless network. An Airport Express is $100.00, and the TOSlink cable, like the USB cable, depends on whether you are okay with a generic cable, which won't exceed $30 to $40, depending on length, or you want something exotic, which can run a couple hundred and up. Bear in mind that you need a mini-TOSlink adapter for one end of the cable to use with the Airport Express.

I would not mess with a used Mac Mini, for all sorts of reasons, and forgive me, fellow A'goners, but I also wouldn't mess with a "souped up" Mac Mini from one of the specialty providers -- don't have anything against them, but just personally I have a hard time believing it is worth the money. But that's just my opinion.