Pogre and Rojo thank you for your replies and suggestions
I did write a long post so I made a big error,
YES you are right ROJO the company name is "Precision Acoustics" NOT "Audio" (sorry)
Here is my speaker:
Precision Acoustics CT26: http://www.precision-acoustics.com/classic_ct26.php
Also, I forgot to mention about Room Setups. However, even without room setup wizard thingy on both AVRs, the supposedly inferior Sherwood RD 705i was still easier 'to the ears' than the Yamaha RX V475. My wife who isn't an audiophile in any way/sense even noticed the difference and said the same thing that the Yamaha wasn't as good as the Sherwood. The Sherwood was easier to listen to and more engaging.
When I first got the Sherwood it sounded amazing without Room Correction and then when I did the Sherwood Room Correction it STILL sounded good. I have had a few AVRs so I had a general reference point. Conversely, when I got the Yamaha it sounded terrible without Room Correction and STILL terrible with Room Correction. So I messed about with Yamaha RC on and off and could never get that 'come to my ears' easy sound the Sherwood delivered with the SAME pair of tower speakers. Whilst I agree better speakers is a different angle to think about for improving my audio experience the difference between the Yamaha/Sherwood was night and day, which makes me think different AVRs can also influence sound drastically too.
No matter what level of tweaking or setting, EQ etc The Yamaha doesn't sound as engaging and gives listening fatigue pretty quickly compared to the Sherwood. I will have another play with the Yamaha Ypoa settings again this weekend I haven't done it for a while to see If I can get an improvement, but I don't hold up much hope as I mentioned the Sherwood just was perfect even with messing around with settings.
Rojo - I know you mentioned that I may have become accustomed to the Sherwood sound and I know that can happen but I have to say no to that idea. It was definitely better, music sounded more dynamic, instruments popped out the way you would want them to, dialogue on TV and movie was clearer and less muddled, the Yamaha was the complete opposite of the Sherwood.
Also, Rojo when you mentioned 'Room mode" did you mean those fancy named EQ settings that some manufactures have? I know the Sherwood had some fancy EQ but to be honest I had all the EQ modes off, even when both AVRs were in '
DIRECT mode' the Sherwood AVR was still better sounding.
I will definitely look into the
Fluance Signature Series speakers that you suggested Rojo - maybe these speakers will match the Yamaha more than the Precision Acoustics one as they may be better quality as you suggested
I think logically this a more sensible step than buying another Sherwood AVR again as I mentioned there seems to be a design flaw in those models and would be an expensive mistake as Sherwood has removed all support for parts. However, I'm also still willing to listen to offers for decent AVRs that could better the Yamaha
Thanks for reading again and replies have a enjoy the begining of your weekends!