Upgrade path question with $2k to spend

Hey Icegeek, I will bet your rig sounds good. It reminds me of a rig I put together. Many have suggested changing out your Yamaha. I’ll also had a multi thousand dollar Yamaha processor with direct mode and all the other bells and whistles. I upgraded cart, phono pre, speakers. When I finally went for a modest Odyssey Cyclops the sound was so much better. So that’s my story and what made the most noticeable and rewarding difference. Everything prior to that was an improvement but not that big a deal. The amp is the heart of it. Get that sorted would be my suggestion. Everything else looks great. 

you need a bonafide 2 channel amplifier as the foundation for your system before you do anything else, or you will not get the most out of any other upgrades.  

A musical fidelity m5si will do quite nicely

What do you feel is the 'weak link' in your system based on how you use it?

Upgrading the Rega P6 will be a significant upgrade - my initial concern is you won't be able to realize the difference with the home theatre receiver.  The change in materials on the table and the better cartridge are very discernable in a revealing system.

I'm not familiar with your specific units; I experienced a significant upgrade when I transitioned from home theatre receiver to an integrated amplifier.  Going source first provides future value if you upgrade the pre-amp/amp down the road with equipment more revealing than your HT amp.

Playing 2 channels through a multi-channel amp? While it got a very good review in SoundandVision back in 2018, consider this old saying: jack of all trades, master of NONE. IMO, start there

Definitely check out the great reviews for the LSA Warp 1 amp: MSRP $1200. I think you'll be shocked and amazed

hth

It is better to have two separate systems for 2 channel audio and HT.

I had a $3K Yamaha receiver (one of their flagships over 20 years ago) that sound much better on movies (with DVDs and Blue-Ray disc) than my 2 channel systems. My Yamaha sounds much worse than a $500 Chinese tube integrated amp for 2 channel music.

Also, my Klipsh KLF20 (a HT speaker with KLF7, ...) sound much better on movies than my other much more expensive stereo speakers. However, it sounds much worse on stereo music compared to my other more expensive stereo speakers.

It will be tough to have one system to serve both purposes. I had tried with my Klipsch speakers and a few HT receivers, but 2 channel music just did not sound right, and moved on to two separate systems since then.