That won't protect your gear during power outages, and quick on off surges.. I had an electricion run two 20 Amp circuits for my gear. Then I hooked up a 1000 watt ups, and a 2000 watt ups, both from APC. I have only my Hsu Sub hooked up to the 1000 watter, because it takes 600 watts at full pull. The 2000 watter powers everything else. Lonnie at Emotiva told me not to do this, but he didn't know how big a UPS(s) I planned on using.
The electricion screwed me out of $600.00, and the 1000 watt was $400.00, and the 2000 watter was $750.00 bucks. Not cheap, but I damn sure sleep better knowing all my gear is safe.
BTW, I was disappointed in my panamax, it's just an overpriced power strip in my opinion.