"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.
BT has a standard called apt-X and it does an ok job but its still pretty far from a wired hifi connection. I tried liking my apt-x transmitter/receiver pair but it was not very good. the signal was not very strong, it would lose connections all the time and there is still compression that you can hear.
its much better than the standard BT audio, but has a long way to go before it is up to wired audio quality.