I think B&W made a football sized music player which may included a clock. Other than that Audiophile and Alarm Clock are a contradiction in terms.
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I have a Squeezebox Radio and a Proton (with its active extension speaker). The Squeezebox sounds much better, IMO. The Squeezebox is much more versatile, since it pulls in digital stations from all over the world and streams from my computer. The Proton is stuck away in the guest room. To tell the truth, I have a Bose radio that sounds better than the other two. None of them are audiophile grade.
I've owned or help friends buy several variations on the table radio/alarm clock theme.
If he's considering something like the Bose Wave a much better, less expensive alternative is one of the table radios from Cambridge Soundworks, better tuner, iPod dock, better sound, less hype. There's a summer sale going on now and the i755 is $188, a good deal considering it's a nice piece at the regular price of $289.
I've used a Tivoli when staying regularly at a friend's house and agree with a previous post that while it's nice looking the sound isn't impressive.
My favorite is the Boston Acoustics Receptor. The original model is no longer made but worth tracking down if you can find one. It's mono, definitely not 'audiophile' quality but a great sounding radio that has the best alarm clock functionality I've ever found. There are newer models that do HD radio and have stereo capability but I don't have any experience with them.
I have a Tivoli which looks great but offers nothing special sonically, IMHO. These days I use my iPad and a pair of Audyssey media speakers. The sound is vastly superior (tho "audiophile" might be a stretch) and the access to my on board music library is welcome. This set-up also allows you to sleep to white noise or sound effects if that's important to you (or, as in my case, the wife).
I second the Cue Acoustics R1 Radio, available direct from the manufacturer, on auction sites, or Outlaw Audio (which sells a special version).
I've had one for a couple of years, along with the satellite speaker for true stereo sound. I use it as a desktop system.
It has seamless iPod integration, a full-function remote, and two alarms with snooze. Small enough for a bedside table. A very nice feature is an optional light sensor, which will dim the display when you turn off your room lights.
I use it as a desktop system, running a line in from my computer through an Audioquest Dragonfly DAC. I am amazed at the sound quality from both terrestrial radio and from my computer. You can also connect a CD player, TV, etc.
I only wish it had HD radio. And I wish the satellite speaker could be placed either to the left or right of the main unit. When connected, it will only the carry left channel signal.
But these are minor quibbles for what is a great-sounding and very functional alarm radio with iPod functionality.
Another option may be radios available from CC Crane online.