Rob Babcock : I have a Denon 3802 and a Denon DCM-380 CD player. The reciever doesn't do HDCD decoding, although my player does. The downside is that if you run the CD into an analog input, to take advantage of the carousels HDCD capability, all the Denon receivers redigitize the analog inputs! So it's tough to say how much you'd gain.