Just my experience, but moving away from a CDP which obviously had a drive mechanism, power supply, DAC and other gubbins in the box, to firstly a NAS, PC and DAC and now a NAS and streamer was (i) a huge increase in the quality of playback (ii) a huge increase in convenience as I can find CDs and play them without getting off the sofa and (iii) a massive boost to WAF as N thousand CDs dissappeared into boxes.
Ripping is easy as 95% of the time it is fit and forget. Re-tagging the 5% takes a bit of thought, time and effort, but is not a huge bother. I've done 1000s of the buggers, it is easy once you know how. IMHO, CD is rapidly approaching being a storage rather than a playback mechanism. There may be loads of CD players out there now, and more on the drawing board, but streaming or pushing lossless files is where things are going (have gone???).
The CDS3 was a really nice CDP, but it was taken off Naim's books for the simple reason that there was no viable market for it. In the medium term, it seems that there is likely to be a market for uber-high price players and the sub £1000 CDP (or cheaper). The middle ground, where the average audiophool currently seems to invest, is now inhabited by DACS (some with CD drives) and streamers. As time goes on, in the absence of big technological change, I would expect DACS and/or streamers to overtake everything else, largely because of (i)-(iii) above.