I agree, but there is no reason for competitor not to work on their design, layout and parts choice to achieve results better or similar to that of the Denon AVRs. Surely to me SINAD 80 or 100 would make no difference, but to some, under certain conditions, they may hear a difference.
92 or 102 dB (0.0008%THD) may seem "overthought" as you put it, but that's ideal condition, when you factor in the noise from interconnections, power supplies, power amps etc., and at the higher frequencies than those from a 1 kHz fundamental, the overall results may be quite a bit less. So it doesn't hurt to aim higher than one may need for transparency to begin with.
Denon AVR-X6700H AVR Review (Updated) | Audio Science Review (ASR) Forum
Below are the SINAD vs output voltage curves for the X6700H (Amir measured it up to higher than 4 V, but only for the X6700H), I think he assume the 3700/4700/8500 should be similar.
Note that to achieve 4.4 V, he had to set volume to 90, that would be +10, and that's with input signal at 0 dBFS, that would be about 110 dB from the listening position. Nobody does that in the real world I hope.
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