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Large onboard storage.
I'd strongly disagree with this.
Either it's cheaper to build your own NAS, or you can wait and watch cloud storage prices continue to go down whilst internet connection speeds are getting faster.
Building storage into "the little box that aggregates all digital music" suddenly makes it a big expensive box.
Whatever this new box is, it should focus on merging some APIs from streaming providers, and logically merging local and cloud storage. That's really it's prime job.
And ideally you'll be able to have multiple little boxes in your home, and thus be able to control and play music in different rooms.
Velocio
@TRA
This is very interesting - I've been thinking about how to do just this thing but seem to get always get blocked at some point.
Ideal scenario is the ability to play and control:
Locally, or cloud stored lossless files (FLAC)
Large onboard storage.
I do want a built-in high quality DAC - with a digital output to bypass if you need.
And most importantly is good, simple software.
Must be controlled via, smartphone/tablet app or laptop/pc via wi-fi network.
The software should be able to simply organise music - I'm not interested in smart playlists, or recent downloads or anything like that. Just, Artist/Album/Title and the ability to create your own lists if needed. Just basic, bare minimum controls. Also can handle any file type.
I suppose you could plug in compatibility for streaming services but there's too many, they all have limited selections or not what I want etc so I tend to not to use them as I find the £9.99 per month or whatever completely wasted.