I'm not one for absolutes. I just bought an Esoteric universal player, and I also own a Squeezebox. I enjoy each for its strengths.
For me, playing a CD is simpler than importing and searching for music on a computer. Plus, I don't have to worry about backing up data and storing the CDs for the time when my computer dies (it's happened to me before).
So, for those who have converted to computer audio, I say bravo and enjoy.
At the present time, making the total switch to hard drive audio is not for me.