I have the little brother of this thing, the SoundBase 350 ($250) in my bedroom. It really is a surprisingly decent sounding unit. I use it mostly for late night news and then sleepy time music streamed via Bluetooth via my phone (damn, why do phones have to be so useful?!). It replaced a 25 or so year old JVC mini system and is much, much better sounding.
Very happy I got it. One of these babies is well worth checking out if you are looking for a sound base.