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I'm only theorising that we'd want access everywhere, lossless, and to fill gaps in our collection prior to us having lossless. That we'd want party playlists without needing to own the files, but if we owned a file it should play that first (if it's higher quality).
Have you seen what ickstream are doing? It's a group of the third party devs from Steambox/LMS... It looks like they've got an interesting idea going as well...
http://forums.slimdevices.com/showthread.php?98467-Pre-Announcement-ickStream-Music-Platform
I meant 92k as in ~92,000 FLACs.
It is greater that Google Play supports (20k, and they transcode down to MP3), and it is greater than Sonos support (via NAS storage, 65k files).
And you wouldn't have to use cloud storage, use a NAS if you want. Back in 2002 I was already listening to my music whilst in Seattle (when I went there on business). You could stream this from home too, as that is what I've done. My argument is more that cloud storage in a few years will essentially be free... so why spend a couple of grand building a RAID-6 NAS at home?
As for "those that jump to Spotify, et al"... not all albums are getting CD release, some are web only iTunes specials, etc, and no-one has a collection of everything. Spotify, Google and the like provide a service that is a great gap-filler and may eventually be the only way to access some music (just like Netflix creates original TV, why wouldn't Spotify sponsor a Beck album exclusively to get access to subscribers?).
I'm only theorising that we'd want access everywhere, lossless, and to fill gaps in our collection prior to us having lossless. That we'd want party playlists without needing to own the files, but if we owned a file it should play that first (if it's higher quality).