Some nags
There are some small issues that I want to mention. They are not serious but should be considered nevertheless:
1. The 171i's external power supply makes a squeeky, high-pitched tone that varies in frequency rhythmically, and is loud enough to hear from across the room when there's no music playing. It can probably easily be ameliorated by tucking it away behind or inside a system rack but since I have nowhere to hide it in a Spider Rack, I disconnected it when not listening to music. As a side note: this isn't strictly the Wadia's fault: the power supply of my Harman Kardon GLA55 speakers also does this. In that case I was able to hide the supply in a cavity below my desk and so rendered these sounds inaudible.
2. The connection to the phone is a bit sensitive. If you touch the phone while it is docked, there's a big chance that the connection will be broken and you'll have to take out the phone and stick it back in. That's a quick enough process, but I wish the connection was more secure. Then again, this is difficult with there being so many different shapes of iphone/ipod.
3. When controlling the docked iphone via IR remote, there is no function for rewind and fast forward. (track skip is of course available)
CONCLUSION
The 171i transport is clearly up there with the best media servers and is in fact at the same level as the Olive 04HD and even beats it in certain aspects. What's really important is the match to the DAC. Of course the 171i will work with any DAC but, because it has so much inherent quality, better DACS simply achieve better results. Some people say that modern 1000 euro DACs are as good as old high end ones. I feel differently. Even 10 year old (once-) statement DACs will still be better than affordable, more modern DACs. For me the difference is big enough to justify the cost of a second hand reference DAC. On the second hand market there is a lot of choice: I suggest you have a look for yourself. The 171i deserves it!
The 171i can perform at the same level as the best computer-based selection of components that I have been able to come up with. The 171i extracts pure, clean digital audio from whichever i-device you connect and does so in an utterly neutral manner. When used with the iPad-adapter and its cable, the 171i comes up short in terms of dynamics, soundstage width and depth as well as sheer physical presence and substance. But used without the adapter and when partnered with the right DAC it just sounds fantastic. (the Wadia 27ix GNSC was a match made in heaven)
I do feel that the best reference cd players still evoke more emotion, sound more musical and present the music with more charism and harmonic richness, this may well be a very personal matter. I wouldn't be offended if you said that I like colouration or blown out of proportion soundstage. In the end it is all about personal taste. Judged without a cd player in mind and compared to all other digital solutions that I have heard, the 171i is nothing short of state of the art.
But I don't think that you should think of the 171i as an alternative to your main system but instead for it to complement it. Just make sure that you avoid using the iPad adapter plateau if you can. Oh, and try to tuck away that external power supply!