Thanks for all the comments!
Dekay- You got it this is my new phono preamp :o)
Bombaywalla- The different color LED's on the front panel allow you to manage what functions your using at a quick glance. This dac has multiple digital and analog inputs- you can access all of the features from the remote, Emm labs must have fealt there was a reason to do it this way instead of using the LCD display. In any case I think this looks cool in a 70's sort of way- put this DAC in a leisure suit and strap some sideburns on it and it would be ready for a cameo in the movie Boogie Nights!
Ed- Value is all relative, we both know this though. I feel that this DAC offer's a great value because not only is it(to my ears along with many others) the best SACD reproduction available at any cost, it is also argueably the best redbook CD reproduction available. Putting something all into one package is not only convenient but saves money on power cords and interconnect which can get expensive. Also the proprietary digital interface cable is included with the transport and those who have tried aftermarket cables have gone back to the original one- no need for an expensive digital cable is yet another "savings" of sorts. Wait till you hear it at CES, then pass judgement on it :o) Emm labs will be demoing with Tenor and Kharma.