I use MacMini with external 1TB Firewire drive transmitting music over Wi-Fi across the room. Music is stored in ALAC and played by Itunes. Computer noise, computer speed, amount of memory, playback program etc don't make any difference in this setup. It required setting up initially but I use it for a long time without any problems. As for the cost - this MacMini is my main computer, so the only cost is Benchmark DAC1 and Airport Express - total about $1k, but since I use Benchmark as a preamp (that would cost >$1k anyway), I consider it free.
Traditional system is simpler, I agree, but computer playback offers more. Not only that I can change CD quickly but it is also much easier to find it. I can sort by artist, composer etc and also create playlists. In addition my computer plays files ripped without errors while CDP interpolates, especially on the less than perfect CDs. CDs or LPs can and will get scratches, but computer files will stay intact forever.
Traditional system is simpler, I agree, but computer playback offers more. Not only that I can change CD quickly but it is also much easier to find it. I can sort by artist, composer etc and also create playlists. In addition my computer plays files ripped without errors while CDP interpolates, especially on the less than perfect CDs. CDs or LPs can and will get scratches, but computer files will stay intact forever.