ripper to pair with Melco N1A/2

I'm about to take delivery on a Melco N1A...My objective is to incrementally move my CD collection to the Melco. I currently use a PS Audio PW transport. I'm considering selling it and buying a Melco D100 ripper to use as my transport and ripper...Will it perform as well as the PW? At $1300, the Melco seems pricey.

This is my first move into streaming and digital storage, so I really am a bit lost here. Do I have a decent plan? Opinions please.