Great news! Seems too good to believe.
So many ?s:
Hi JLM,
Let me try to answer all your questions in the order that you presented them to me:
1) Yes, the SB2's volume will also control the volume of internet radio, which also passes onto the internal Burr Brown dac..
2) If you order the wireless SB2 (which I highly recommend because it makes life easier...no long ethernet cable needed to connect to the PC, the PC can be located somewhere else in the house, etc), you'll need a wireless router. For example, I have a Linksys router that I spent around $60 on in Best Buy. Your PC (desktop or laptop) will need a wireless network card, which are available pretty cheap these days.
Once you have the wireless SB2, PC, and wireless network, you just need ripping software (I recommend Exact Audio Copy (EAC), which you can download for free and it makes bit-perfect rips), and if you want, a compression software (I recommend Free Lossless Audio Compression (FLAC), which is also free and not controlled by Microsoft, Apple, etc.
The last thing you'll need is to just add an amp and speakers. If you want a bigger hard drive, you can buy an external hard drive that connect to your PC via USB. They have 200GB drives out there in the $100 - $200 range, and they can store plenty of lossless compressed music, or .wav files.
3) The sound quality of lossless compressed files (ex. .flac files) or uncompressed .wav files sound, in my honest opinion, better than using a CD transport and external dac. It takes the transport out of the equation. The modded SB2 is the best source I've heard so far...it completely has me amazed, and it the reason why I put my battery CD transport on the back burner (possible forever)!
4) See my answer above
5) Assuming that the 1000 CDs are full-length CDs (let's say 650MB), and using .flac (lossless compression) compresses about 40% (which gives you about 390MB), you'll need 390MB x 1000 = about 400GB. Not all CDs are as large a 650MB. Anyway, storing 1000 CDs in lossless compression is a lot of CDs!
6) No, the battery used for the SB2 mod takes overnight to charge if you play it to the max recommended playtime of 6 to 7 hours. The SB2 draws a lot of current!
7) Yes, you can! It is a lot easier than you think, and Slim Devices has their own discussion forums, wiki, phone support, FAQ, etc. I am by no means a computer wiz, and I found setting up the SB2 to be quite easy and fun.
As always, there are going to be those who won't like the idea of something new and different, and there are going to be others who will want to soak this all in and enjoy listening to their music collection on a whole new level.