I think the short answer is that for a number of reasons it usually make more sense for most to let the home theater receiver or processor to handle the audio duties than the source (whether that be a blu ray player, roku / Apple TV etc). Aside from the decoding of the digital multichannel soundtrack and then the digital to analog conversion, there are also things such as digital room correction / eq p, bass management, etc that are almost exclusively the function of HT receivers and processors.
Most streaming (and over the air) is Dolby digital plus at best, which while better than the basic DD that DVDs offered, is still a lossy format and not up to the level of the best lossless hi Rez formats of blu rays (DTS Master Audio, DD TruHD). It can still be pretty darn good though.
For video I'd just use the WD devices and a HT receiver or processor to handle the audio. What's trickier is having a system that's equally good for HT and audiophile 2 channel audio. I ultimately gave up and keep separate systems for each but sharing the same main two speakers (by having separate speaker cables for the HT amp and the 2 channel amp, and hooking up one or the other as needed). Some integrated amps and preamps do have "home theater bypass" modes specifically to help address the integration of a traditional 2 channel system into a multichannel home theater system.
As for the highest quality and most convenient device as an audio streamer, ultimately I think a computer or dedicated music streamer / server is the best answer. When your doing high quality 2 channel audio material, the quality of the streamer source will be more noticeable (whereas for HT multichannel with lossy audio formats such as DD+, it's less critical).
Wish there was a simpler / easier answer, but there you have it. Unless your also a videophile, and If music is your main priority, sometime it really is just better to get the $300 compact home theater in a box system for multichannel video, including streaming, and save the rest of your money for your high end 2 channel music rig.