Hey Jason--
Haven't compared the latest generation -- I went on features, reputation, and recommendations for my Denon 3808 this time out.
But last time I did listen to a couple of different receivers in my home. I cannot say that I did a scientifically controlled experiment, but tried to keep things reasonably comparable. I definitely heard differences among receivers (Marantz, HK, and Pioneer). For the most part I attributed it to different DACs since most of the comparisons were for music. If I recall correctly, when I went to analog in on the CDs, I heard fewer differences, though I distinctly remember the Marantz receiver being "flatter" sounding.
Just my $.02.
Rich
