"Home Stereo. Reinvented." I don't think so, Stevie J.
I'm listening to Steely Dan cranked on my Bose SoundDock - specifically the live version of Aja, as I write this. The music is wonderful - from a small but powerful package. (And before you question my ears, I've owned plenty of audiophile equipment - as well as owning a recording studio with my dear wife. I have reasonably good ears.) The iPod HiFi leaves me wondering "why bother?"
Early web reviews suggest the iPHF sounds good. One would suggest it should for $349USD. But did I mention, it's ugly. And big, in comparison to the SoundDock.
I can hear the conversation now:
Me: Imbi, can we put this butt-ugly white brick in our living room so we can listen to our iPod sticking out of the top of it.
Imbi: (complete silence - accompanied by "that look")
Good luck, Stevie J.
And George, I'm sorry I recommended you buy Apple options yesterday. But hey, you're welcome to listen to the Dan with me on my SoundDock, anytime.