I happen to like the convenience of a music server myself, even though it was a big deal of work ripping my 3700 cds to the server and correcting the metadata (particularly difficult with classical cds). My collection is so much more accessible and I like browsing on an ipad and putting together an evening's worth of music on a play list.
I use the server even though I think it really does not sound quite as good as my CD player. I happen to like the sound of the particular player I have and it better matches my LP source so that the system sounds similar playing both. I make no generalizations as to which is inherently better--I am merely pointing out that a good CD player can be very good in absolute terms and a computer or dedicated server is not necessarily better.