It's not a bad little system, offering an impressive spec, composed and detailed sound and including an iPod dock. We gave it 4 stars in the Awards 2006 issue of What Hi-Fi? Sound and Vision.
As an alternative, have you thought about the Award-winning Onkyo CS515UK, which is £230 without speakers and would also work well with your Wharfedale speakers? CD replay is precise and hugely detailed, and the DAB radio impresses too. Onkyo even makes an optional iPod dock for it if you need one.
In our view, the little Onkyo rivals some budget hi-fi separates, and no other micro can come close to matching it for sound quality.