Sort of. There are various devices that act as players to the Logitech Media Server, aka SqueezeCenter/SqueezeServer. The Logitech/Squeeze players can typically play only up to 24bit/48KHz unless you have a 'Transporter' which can do 96KHz).

Later versions of the server software (yes, as it is open source, there are still nightly builds) support ultra hi-res music (24bit/192KHz) and the latest release supports DSD over PCM.

The Bryston BDP series with the Manic Moose firmware can also act as a player and is what I am using these days.

The module being discussed here interfaces with the server and allows control of a squeeze player. It is very lightweight compared to ProntoSqueeze and other modules that may be available for purchase. I am writing it because I am tired of having to use Pronto to control my Denon receiver and the iPad for the music library.