Capnizzy, 2 channel was my main consideration.
I only heard the HTS 7.1 instore. Clearly not the best place for a comparison. It was out of my price range as well. I set a limit at at about $3750.00 for a new unit. (The Bryston was 3500.00 Shipped with a CC payment)
From what I heard, the HTS7.1 was a fine unit.
Having compared more than a few processors and a few dedicated 2 channel preamps, I must say that I am quite impressed with the Bryston.
It does have that irritating pop when watching DVDs, especially if, in the beginning, when going from preview to menu and so forth, the sound engineer keeps swapping formats. Also at the layer change. I found all the more expensive units locked signal fast, and are just as quick to unlock, and so have a tendencey to pop. Not really a concern for me at 90% music to movies ratio.
Bryston has NO video switching, you have to buy a seperate video switcher for that. This I like, you may not.
I would definately give it a listen if you can, but to answer your question "is it better." Thats very relative, better to you may not be better for me. I would recommend you give Krell, Classe, Sunfire, and EAD among others a listen. I was quite impressed with all these makes. In home if you can.
I hope I have been helpful.