“Since the advent of the CD, listeners have been deprived of the full experience of listening.” - Neil Young PonoPlayers...
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Brian Kahn has posted a review of the Onkyo PR-SC5508 surround sound processor ($2199) at HomeTheaterReview. His conclusions:
Onkyo's PR-SC5508 is well suited to be the centerpiece of a modern, well connected and networked home theater system. The Onkyo processor can accept just about any type of audio signal from just about any conceivable source, from a record player to high resolution audio file streamed from a computer to the newest lossless multi-channel codecs. With the other half of the home theater equation, video, the PR-SC5508 is even more capable. It is ISF certified video processor, one of the most capable I have seen in an AV preamp.
The Onkyo PR-SC5508 processor is very good but it's not perfect. If you are an iTunes/iPod fan you may miss the ability to stream music via Bluetooth or Airplay, however, if you don't mind simply docking your iPod this should not be a problem. If you consider yourself an audiophile or you plan on listening to a lot of two-channel audio in your home theater system you should carefully audition the Onkyo before committing. While the Onkyo's two-channel music performance was merely adequate, or on par with many of its rivals, its performance on movies was exemplary.
You can read the full review here.