Where did I discount high-end AVR power delivery? I just don't care for the form factor at all, a massive 11.2 receiver for $1800. It is just a preference; I don't care for AVRs. I've been pretty consistent for 30 years or more; I didn't care for my brother's Marantz 2500 back then either.

My concerns posted previously about corner-cutting and compromises stand. Personally, I think the Yamaha is an awesome example of the species, just as the Marantz 2500/2600s were in their day. I just don't prefer the entire species, even though I think the argument is stronger now (because of features, as ADTG pointed out, that are more expensive or impossible to buy for a similar price in a pre-pro package). I don't think I'm being an elitist snob either (well, at least not this time), I just like the pre-pro/amp form factor strategy better for engineering reasons that have been discussed ad nauseam. And as someone who has worked in product development for decades, I'm the first to admit that great execution can beat a better strategy, hence products like the Yamaha. That doesn't mean I'd personally recommend it.