I agree with the last two post's above, I am a proud owner of an EAD Ovation that I upgraded to the Ovation 8. In stereo you have one of the best DAC's around and in HT top of the line. Here are a a few of the fetures: Multiple speaker layout compatibility: Including, Reference Cinema, an 8-channel point source speaker layout with stereo subwoofers, Cinema 7.1, a 7.1 channel, dipole surround style layout.
Eight channel analog pass-through mode: Allows integration of two, six or eight channel DVD-Audio, SACD high definition sources into your system.
TheaterMaster-8 Extra Surround channel: Compatible with Dolby Surround EX, DTS-ES encoded soundtracks and multi-channel music.
Dolby Digital® 5.1-channel surround sound: Provides 5 channels of full-range information, plus a dedicated subwoofer channel, to achieve truly holographic surround-sound effects.
DTS Digital Surround 5.1-channel surround-sound technology provides ultra-high resolution playback suitable for both movie and audiophile multi-channel music playback.
HDCD®: As much as 20 bits of musical resolution can be achieved with the HDCD process, rivaling highest quality analog master tapes.
Pro Logic®: Performed with mathematical precision in the digital domain.
MPEG2 Digital Audio: For worldwide compatibility with all audio formats, TheaterMaster-8 incorporates state-of-the-art MPEG1 and MPEG2 decoding, allowing both two-channel stereo and Dolby Pro Logic playback.
CinEQ: Multi-channel cinema equalization to tame overly bright soundtracks and musical recordings.
AutoSetup: This software breakthrough greatly simplifies TheaterMaster-8 setup procedure with AutoLevel speaker level balancing, AutoDelay calibration of speaker delays and AutoPhase detection of speaker polarity.
Built-in crossover networks: 4th-order, audiophile-grade digital crossovers, implemented in their own, fully dedicated, high-speed digital signal processor (DSP), provide ultimate system flexibility without coloration caused by complex analog crossover circuitry.
Four precision stereo Burr Brown PCM1732 24-bit, 96 kHz DACs provide excellent low-level linearity and dynamic range.
The master volume control consisting of four stereo Crystal Semiconductor CS3310 digital volume controls, provide smooth volume changes in 0.5dB steps. Switched resistive array technology is used for ultimate transparency.
Large front panel display: high contrast, vacuum fluorescent display (VFD) provides informative and ergonomic user interface.
Full-Function IR remote control operation for all TheaterMaster-8 features, including remote screen control (via switched 12 Volt outlet) and the control of other devices in your system.
Integrated video switching: six programmable video inputs, including three S-video and three composite video, provide total system integration.
Multiple audio inputs: Six digital, including 5 Coaxial, and 1 Optical Toslink and three stereo analog.
Balanced front stereo outputs achieve lowest possible THD and greatest signal-to-noise ratio.
RS-232 controllable, for integration into sophisticated home theaters and/or home automation systems.
I enjoy the EAD equipment more than the others in this price range.