Any info on sqeezebox slim devices?

It seems pretty simple to hookup. Go from PC to sqeezebox to preamp. You can go wireless or hookup via ethernet. One question I have is how is the sound quality? I would be ripping on to my hard drive using a lossless compression most likely Flac. Would the sound quality be equal to that of a high end CD Player, or equal to that of an IPOD, or somewhere in between. This seems a little better than the Sonis system being it lets you use your home stereo to listen to your music. It seems reasonably priced as well.