I'm listening to mine as I write this through my primary system and I am very impressed. I am running the iTransport through an Audio Aero Prestige STARS DAC/SACD player and the sound is really phenomenal.
They even included a digital coax cable and small remote.
You can set it up in less than 10 minutes.
While it may not have every bit of detail and weight that my Audio Aero conveys, you will have to remind yourself that the sound is coming from an iPod. And at this price point, its a great achievement. Wadia certainly knows what they are doing wit digital audio. (For Wadia owners, this probably comes as no surprise.)