Yes, but you don't know you are going to get one of those do you?
Let me tell you guys my record with Ecost refurbished items:
1) 1 SACD player - worked fine
2) 1 PMA2000 - worked fine
3) 1 Panasonic toughbook CF-29 laptop - worked fine
4) 1 LCD HDTV/monitor - worked fine
5) 1 AVR-2308 - worked fine
6) 1 AVR-4308 - Dead on arrival
7) 1 AVR-4810 - Dead on arrival
8) 1 AVP-A1HD - Dead on arrival
5 out of 8 worked = 62.5%
3/8 DOA = 37.5%
If someone told me right off the bat that I have a 38% of getting a DOA component from Ecost, there is no way in hell I would buy anything from them!
The fact is (maybe just coincidence) those 5 working items are all < $500 each.
Now with that Denon Tech Michael telling me that Dakmart has A LOT of complaints from Denon customers about DOA components, I would not order from Dakmart ever again because their price is higher than Ecost to begin with.
I think the take-home message is that when it comes to REFURBISHED items, perhaps it is wise to only buy items that are "low price".
If you are spending > $1,000, it might not be a good idea to buy refurbished.
Sometimes amazon will have a brand new AVR @ 57% off retail. Look for those deals instead.