A cheaper alternative is the Hifidelio music centre, KronosAV have an ex display unit on sale for STG£400. I have been using one for around a year and love it.
Although the Fidel (as it is known) has been around for a while it has loads of functionality for its age with a CD player, CD burner, analogue music recorder, internet radio player, music streamer and music storage system.
My favourite feature is the iPhone app which is used to control it, you can sit on the couch and browse your collection using your phone which is brilliant but takes away from choosing your next CD. Alternatively, you can connect using a laptop via a browser or VNC viewer which looks great.
The music streamer is also pretty cool and I use a wireless internet radio / music streamer I picked up in Aldi to steam music to the bedroom, the sound isn't great but it is fine for the bedroom.
The Fidel is connected to my amp through a MF M1 DAC and I am delighted with the sound although I don't have much to compare it against. I have all good intentions of performing some blind tests with the Fidel connected directly to the amp against connected via the DAC but I have never got around to it, manyana.
If you are consider getting one I would recommend upgrading the hard drive as 160GB of storage space gets used up quickly. I have upgraded to 500GB drive and have imported my CD collection of approx 600 CD ripped in FLAC format and the disc is only 50% full. So I will need to buy another 600 CD's to fill it up:)
I also noticed in your post that you are interested in recording analogue music and burning CD’s I have not used this functionality so I cannot comment but I would assume it would be easy enough to do through the Fidel.
On the downside I experienced network connectivity issues which were resolved by using a wired connection with a shortened network cable. In addition to this it will not connect to my network wirelessly I think this may be due to the WIFI card encryption which can be resolved by upgrading the WIFI card, but it is working fine on my wired connection so I can live without WIFI.
Another point to note is that the latest firmware upgrade also costs around €60. I am using the last free firmware version from Feb 2010 and am more than happy with it and cannot justify paying for the additional functionality the latest firmware upgrade brings.
Here is a link to the unit on sale on Kronos, you can also pick them up on German ebay. If you are thinking of taking a punt and have any questions or would like a demo beforehand give me a shout.
http://kronosav.com/products#ecwid:cate ... ct=7250384
Another alternative would be the MF M1 Clic it turned my head for a while but I decided to stick with the Fidel for now anyway:)