jbwilliamz-
Well mostly it's a streaming destination.
But my use... Raspberry Pi as a network transport from my NAS / Plex > DAC > speakers.
Spotify and Chromecast direct to speakers (the speakers have this built in) but most of my listening is via local streaming from FLAC files.
The fact that I only need power is attractive, I don't need to connect the speakers together (I may, but I don't have to). So I can place these quite wide apart without running heavy cables between them.
I have some components still, an old tape deck, radio, etc... but I never use them, but if I did I'd connect via the coax or aux. I don't use CD as when I have CDs I just rip them to FLAC.
I'm mostly focusing on LAN streaming from the NAS at the highest quality to the best speakers I can... and then internet streaming is a mere convenience tick.
I already have KEF LSX speakers in the kitchen which I love for their clarity and warmth (and lack of cables) but I would like something that punches a little louder in the front room, hence looked at the LS50 Wireless 2.
A system around these speakers is really just the speakers and getting a digital signal to them.
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Velocio
Easiest, most discreet, cheapest, and highest performing way to get any music from anything else to come out of your existing stereo system.
I have two chromecast audios, and they both provide a way to get Spotify, Plex, etc to old stereo equipment.
Either as an analogue source, or as a digital source to a separate DAC.
And more, because it's a Google Chromecast thing it effortlessly works with things like Nest Hubs, so they can be set as default speakers for voice assistant, i.e. "hey Google play constant craving", the hub picks it up and Spotify is selected and the reply is "constant craving by k d Laing from Spotify playing on living room stereo".
All the old hi fi, suddenly becoming a modern and integrated part of the house for very very little money. You have to spend a pretty penny to jump the gap to the next level of devices that do this and those take more space and power near your amp.