FWIW, Logitech Squeezebox (Media Server) scan time to read ripped and tagged flac files has been quite improved... definitely under a minute to add a couple new albums and that's on a fairly old PC server (running Win 7). Of course, rescanning your entire collection can take quite a while, but I rarely find a need to do so anymore. A few years back, I found myself rescanning my entire library routinely to resolve issues, but that's a thing of the past.
Where the Squeezebox Touch has not lived up to the hype is to operate standalone without the need to have Media Server installed separately (formerly known as a SqueezeCenter among other names). While technically, you should be able to just hang your music drive off the Touch, it's simply underpowered for that and creates all sorts of headaches when you try (and I've tried
. Why Logitech has not issued a Touch II that addresses this is anyone's guess.
I keep waiting for someone (even Logitech) to come along with a far better music streaming solution. There are still few such products on the market (or at least, that I'm aware of) - Squeezebox & Sonos probably being the most successful products.
It would be fascinating to do a comparison of CD, Squeezebox, Sonos and PC-based playback sometime.