Streamer/CD ripper

as others haver noted SQ shouldn't be an issue with decent equipment.  I would get a decent DAC streamer combo that will allow you to use the Rotel as a transport while you rip those CDs.  It is easier to include the storage as part of the streamer, but if you have the storage on a server then you can change servers at will, or stream to a second player elsewhere in the home.  I recommend the Melco N100 as a NAS/Streamer.  You would have to get an external DAC but the3re are lot of options here

I wouldn’t worry too much about ripping CDs if you subscribe to something like Qobuz as most of your CDs will likely be available there and some even in hi-res.  I rarely spin a CD anymore.  I’d recommend looking at the Innuos Zen Mk3 for a streamer/server.  Best of luck.   

I’m currently using the new Node N130 with a NAS as my server and am very happy, but I have updated the power supply and and am using an external DAC.

Innuos (and done). Very easy