Go to ExactPower's website (www.exactpower.com) for details and an animation showing Exactly what it does to a distorted sine wave.
I live in an apartment, and run my whole system off a single dedicated 20A circuit. I have an ExactPower SP-15A (balanced power unit) daisy-chained off an ExactPower EP-15A (power regenerator). All front end stuff is plugged into the SP-15A (balanced power unit) which, as I said, gets its power from the EP-15A, along with the amp, speakers (stats) and sub.
With everything turned on, the entire system only draws 450 Watts at medium volume. With the volume control turned up to med-hi with no signal (on the phono input,) the system noise floor is about the same as an unoccupied chair.