Update.... So I bought the Onkyo PR-SC5530. Came the day it was going to be delivered, I organized a party of three including myself. I was together with two friends who equally love music and films. Bought some drinks and served some food and behold, we went for the unboxing. The package was simple and neat. I actually like it. Once opened, the preamp is really nice, vintage touch, the bulkyness actually added beauty to its sexy form, love it.
So I connected the preamp first to the matching amplifier Onkyo PA MC5501. While my buddies held their drinks, they watched me as I connected the preamp to the amplifier. Then I connected the speakers and the devices to the preamp. All set..... I turned everything on and voila !!!!! ....... The preamp had problems handshaking with my devices. The preamp hunted for HDMI and it couldnt find it !!!! I took out a TV and connected it to my system and everything worked. The darn PA-SC5530 has problems handshaking with my projector. I have a BenQ MH680. It is not much and it is not a pricey projector but it worked on 2 previous Onkyo receivers and a Harman Kardon receiver I had and had no issues whatsoever.
I got a lemon !! The Onkyo technician came to my house 2 days later and took the unit together with my projector to study and fix the preamp.
The thing sounded so good. I have not had the privilege of owning really high end amps or receivers but the matching preamp and amp of Onkyo really sounded good. Totally pleasing to my ears. I just wished they should have done a good job with the HDMI. Shame for top of the line to hickup like that on a projector.
I will update once I have progress or have received the preamp back from Onkyo.