What Denon did here is common practice in the industry, even now, and even in much more expensive components with high end pretensions. Don't hate them for it. In fact, some equipment has XLR inputs or outputs that are actually single-ended. At least in the case of the gear you described, the XLR output is in fact balanced. It's just not done in the best possible way. And it may sound fine, for all we know. Furthermore, Denon tells customers what they are getting, if you take the time to read the not so fine print.
I refer back to the Sony SCD1; yes, it had that suboptimally derived balanced output, but it was also regarded for many years as the best sounding one box CDP available and is still sought after by some collectors and tweakers.
I refer back to the Sony SCD1; yes, it had that suboptimally derived balanced output, but it was also regarded for many years as the best sounding one box CDP available and is still sought after by some collectors and tweakers.