"Pono, the Neil Young-endorsed Kickstarter project, is drawing more and more pledges. Now past the $2 million mark (with an expected goal of $800K), this project aims to create a audiophile friendly FLAC player along with its ecosystem (and by that they mean their own music store and syncing application).
The device itself features 2 audio outputs, one 'specially designed for headphones' and the other 'specifically designed for listening on your home audio system'. The player is controlled by an LCD touchscreen, and its triangular 'Toblerone' shape makes it easy to hold it upright with one hand or to lay it flat on surfaces. The player, which has 64GB of internal memory, comes together with a 64GB microSD card.
The board and its components, as well as a 'pre-prototype' model, are pictured in the project's Kickstarter page.
Get a bluetooth adapter for your stereo (or replace with a bluetooth speaker). Now your phone can output to your stereo without any wires.
Then get an internet radio app on your phone (eg, Jamendo). Bob's your uncle.