Cam, it looks like yours is design specifically for Home Theater AV gear, as it is the AV line of the stuff APC sells so I am sure you are OK.
Mine is a top of the line model from their regular series of battery backups that are geared toward Home PC protection.
Neon, I have used this batery backup for several months and had no problems. According to the LED display there has been 2 power outage events as well.
With almost all of my components on I only get about 8-12 minutes of battery time though according to the LED display.