Currently I have a fairly modest stereo (JM Lab speakers, BK Components). I have always been reluctant to start spending serious money on the hobby for two reasons:
1. I live in a high-rise building in Manhattan, and I don't think many people would be happy if I had some WP7's playing all the time.
2. I don't own a single cd or vinyl record. All of my material is on my computer. I hook the computer up to my B&K Processor via a rca to mini headphone cable.
The first reason I don't care too much about anymore, I play music fairly often now and no one has complained. However, the second is still a concern. I have always heard the expression "garbadge in, garbadge out" in audio. Is there any way to have a digital source for material with the same quality as cd's or vinyl? Would I be wasting my time buying something like WP7's if I am going to be sending a crappy signal like MP3's through it?