Very interesting and in some ways similar to Bryston's BDP-1. The fan less , hard drive less PK-100 however does not stream from Network Attached Server Drives (NAS), does not rip CDs, and nor allow for connection to USB DACs yet. The philopsophy is to keep it simple stupid. Connect a USB drive and press play on a remote website or iDevice application. It output analog audio (via internal DAC based on an AKM chip) and digital S/PDIF coaxial.
Auraliti is also coming out with a new line of products which include the higher-end L-1000, the improved PK-200, and the PK-USB.
The PK-200 is similar to the PK-100 but with improved power supply regulation and transformer coupled S/PDIF connection. The PK-USB will allow connection to USB DACs.