I have heard two recently-made receivers and although they weren't cheap models, they sounded like it. They lacked definition in the treble and midrange and that messed everything up. They sure looked good though! Ultimately I had my friend get a Marantz receiver in the same price range instead and the sound was significantly better. I forget the model numbers, sorry.
I recently listened in as someone auditioned a pair of Maggies running of an HK A/V receiver. It sounded perfectly fine. Didn't get to a/b it against other amps though.
I have an HK AVR that I used to use before I went to a dedicated two-channel audio system. It was great for watching movies, but you can do much better for audio.
Unfortunately, the HK products of the last 10 years have been decent performing, but horribly built. They will break down or self-destruct quicker than other brands over time.
Watched my HK go up in smoke, literally, a few years back.
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