If you already have a good receiver, just hit that Pure Direct button to bypass the other circuits to give you that preamp + amp section only in your receiver.
There is this theory that separate analog components sound better than receivers and pre-pros. Some studies have proven that this is not true. But some high end companies like Mark Levinson and Krell still make $20,000+ analog stereo preamps.
The idea is that analog stereo preamps are free of all the "digital" processings like DSPs, video circuits, post-processings, etc. They are more "pure".
The really expensive preamps don't even use treble, bass, and balance controls. They have no features at all, except for source selection and volume control.
I use 3 integrated amps for 5.1, instead of a receiver or a pre-pro.