Computer based player....
Depends on the software player, and on whether you can bitstream your media as is, or not. Not many software players do this, btw...
Most players will transcode everything to a basic 16 bit 44.1Khz PCM. PC's analog decodes are usually very sub-par, with a high noise floor and in most case laptops and PCs' fans will start making plenty of mechanical noise after a while playing.
I like to use an Oppo BDP-103 to access my network-stored files, and think, given my gear, it's the best solution, but depending on your gear, your mileage may vary...