Does such a gadget exist?

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Originally Posted by Arthur

What about an AirPort Express + AirFoil, Air UPnP, Foobar2000, WinAmp, JustePort or iTunes? You just connect some speakers to the AirPort Express and then stream the audio from a PC or Mac over WiFi. :)

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I was thinking of the above but didn't want to bring out the mac geek in me lol

Reminded me of airplay on iOS 4.2