Will computer to DAC replace transports and cdp's?

I bought my off ramp turbo used for $750. and sold two digital cables for $700. So it wasn't too bad. It did make over 500 cd's sound MUCH better and I needed to play all the vinyl I ripped at 24/96 (my linx won't pass 24/96 out digitally).
We Audiogoner's know we are on the lunatic fringe( $1000.00 for a power cable or $500.00 in chemicals to make a 16/44 cd sound better???)
I have no affiliation with Empirical Audio, just trying to save some people from not getting the most out of there computer audio. Hey Tvad, Corvette convertible( All tricked out) can't use the word "spendy". Just having some fun.

Dweller: When you rip a disc to iTunes it accesses the Gracenote database and assigns album and song titles to all the music you rip--for free. Also, the Waveterminal U24 can be used as a D/A converter or just a USB to S/PDIF converter.

Answer to original question, YEP.. But you will need a decent transport still to do a quick friend comes over with a new disc scenario to play it right away,,, get a DAC with a couple inputs and your set... Prices are going to drop considerably on CDP's even more than they have I predict in the next 2 years, for example a WADIA holding nicely in the 3000.00 range will be dumped for about half that and a CD rom or decent DVD player will be found the solution to work with a High quality DAC that can be flexable enough to stay with the growing MAss storage Redbook drive solutions. Maybe its just an opinion but I already see signs on this board at audiogon alone swinging that direction and even see many sales on excellent red book machines, and its not cause SACD is taking over its because MASS storage redbook is, even in the high end.

Matrix: It only take about 2-3 minutes to rip a CD to hard drive. To me, that time does not necessitate needing a separate transport -- though there may be other good reasons people want a seperate player/transport anyway(SACD/DVD-A).

I agree that CD's and CD players are not going to hold their value like they used to. In fact, I think spending big money on any digital source these days is a risky propsition.