Yes, it sounds very good. At least as good as my Denon AVR-2312ci and AVR-3803. Very similar sonic characteristic up to very loud output. By comparison, my Yamaha RX-V2095 (1999 model @ $1699) and Yamaha RX-V2400 (2003/2004 model) got shrill, compressed, and bright sounding at very loud levels). Other than that, Yamaha RX-V2095 sounded good at more moderate levels.
Denon and Onkyo sound very good.