The Emotiva UMC-200 Processor/Preamp is quite a bargain at under $600. It supports all of the latest in HD audio and video. The UMC-200 even has an adjustable multi band EQ for all channels, including the subwoofer. A true analog bypass is a plus for audiophiles. The UMC-200 paired with UPA-700 amp gets you a full separates solution for under $1k. Is this your cure for the common receiver? Read the Emotiva UMC-200 A/V Processor Review Share your thoughts if you have this Emotiva processor and/or amp combo.