I have the 2 TB model and have started ripping my CD library to it. There are two modes. In “quick” mode it takes about 8 minutes to rip a CD. The other mode is slower but you’re suppose to get a better copy. I use the quick mode and have had no problems. What I don’t like is sometimes their album art doesn’t match the CD cover. I don’t think they are using a US based source.
Zenith’s SQ is much, much better than my McIntosh 7008 CD changer and the Squeezebox Duet that it replaced. Local FLAC and DSD music files sound great, as does Tidal HiDef music.
I have the MK2, their MK3 version will be out next month. I got a great deal on a demo MK2 that I couldn’t pass up. When my ship comes in, I’ll upgrade to the Statement model :-)