jurass99, thank you for your input, but clearly you haven't thought your post through.
For the benefits of transcoding, I will leave this to someone else to explain to you. You suggest a $1000+ product from QNAP to transcode 1080p, so let's assume you're aware of what transcoding is. The fact that NAS manufacturers are working to add transcoding capability to their NASs probably means that someone has found a use for this feature. If you're not interested, I have no idea why you're part of the discussion at all.
If you'd done your research, you would know that the DS214play is currently Synology's only NAS to support full 1080p transcoding. So, unless I see some hands-on reviews that say Synology's claim is a fabrication, then I'm going to go ahead and save my money for a more budget-friendly DS41Xplay at half the price of your QNAP.