You do not need to invest over $20K to get a streamer that will equal alternative formats. Obviously It will depend on your system and components. Typically today streaming can be done in the same ballpark investment range as alternatives. Takes some careful work to choose.
I cannot comment specifically on the Teac 701T. I have a fair amount of experience with contemporary streamers to believe given whatever the OPs preferences they could be equaled with the right streamer.