I've played HDCD recordings, especially the Reference recordings Stravinsky and Big Band Basie, many time with my Oppo 95 and noticed no loudness difference compared to CDs. Those two recordings are superb. On a good setup, Big Band Basie has a great sense of air and openness. At one point I thought I'd simplify by replacing a Proceed PAV and Amp 2 with a Sony AVR. That sense of air when I played Big Band Basie deflated. The Sony AVR was gone soon thereafter.
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