Not quite
Full disclosure first, multiple Squeezebox owner here. However, contrary to the article, the current SB, the Touch, does indeed natively support 24bit/96Khz (and the Squeezebox Server supports 24-bit/192Khz files, which it downmixes before streaming to the SB). It also has a Web frontend (in fact, the server with Web frontend, is free, even if you don't have any physical devices, and there is also a software "SoftSqueeze" player that runs in Java). There is also an iPod like "Controller" for hand-held, colour screen, high-speed navigation/control including artwork. There are iPhone and Android apps, some free, which don't have multiple second delays to the controls.
I like CA stuff, I have some myself, but this player seems a bit rough and ready, and expensive, for this market (though they should do well, as Richer Sounds, being the only distributor, don't sell the Squeezebox, nor push the Sonos much (I was in there last week enquiring about Digital Streamers in fact, and it's currenty not their thing)).
The mention of the WEP key made me check CA's website, it does support WPA, so that's alright then ;)
Good luck to CA though, anybody that helps get the message across that Digital Music playback doesn't have to revolve around Apple, the better!