I have one on pre-order. Just got my confirmation back this week. I also have an XMC-1 on pre-order. Hopefully that will come out sometime next year as well.
I have two 7.1 systems in my home that both need new pre/pros to make them completely "up-to-date" with HDMI and HD audio. So these will hopefully fit my bill for an affordable fix.
I am one of those people here at Audioholics that supports Emotiva and hope they do well. So far I have seen some really good quality products come out of their shop. They may not meet everybody's needs or desires, but for the most part their products are very high quality at affordable prices. They have had problems with their previous pre/pro the LMC-1 and it was a very hard lesson learned. The extra steps they have taken with the developement of the UMC-1 and XMC-1 platforms were because of those problems. Some may feel the time they have taken to get these items to market was excessive and took far too long compared to other companies, but I'd be willing to bet they won't except failure ever again.
So I just wait like everybody else and hope I get a package from Emotiva to play with around Christmas time.