As you already know in terms of objective measurements there really isn't any AVR-X4700H in the <C$3,000 range except the AVR-X3700H, though the Pioneer came within a few dB if you compare THD+N at the pre out up to 1.5 V. So I would just share my own experience as follow:
- AB Compared the AVR-X3400H and X4400H with my separates (Halo A21 paired with Azur 840A V2) in stereo, analog input, direct mode.
- Compared the X4400H used as preamp/proc with the AV8801, non AB, so just by memory.
- Compared the X4400H with my other separate pair Marantz SC-7 and SM-7.
Based on the above experience, I would say the X3400H and X4400H are as accurate or transparent as my preamp/power amp pairs when used well below their limit and with no DSP functions involved. If you use Audyssey though, I would bet in most rooms you will find the bass seem to be largely gone. So if you don't prefer flat bass response you would have to customize your own target curve, and at the minimum add a few dB to the sub level trim and use DEQ all the time.
So I am not surprised if you were not impressed by the Denon AVR-X4700H's "sound" because that thing would just sound neutral, and would therefore generate no excitement. That is until you play some very well recorded/mastered movies, you will be shocked by the excellent dynamics it could reproduced despite the physically small power supply.
Obviously nothing can compare with the likes of those heavy weight Onkyo 805, 875, 876 or their equivalent Integra cousins.
Take a look of my comparison table (thanks to soundandvision.com) and guess which AVRs ranked top:
Note that the Denon AVR-4308CI (mine is still in top condition) did beat them in two channel driven yet it is 9 lbs lighter. You can't always go by weight and size especially when comparing those manufactured more than 10 years ago. The power supply of the mid range D+M AVRs are surprising capable for their weight and size.
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