There is really nothing on the market that compares to Audyssey, however, for basic calibration from the primary seat, YPAO, MCACC, etc. do well for distance and dB levels for each speaker. They do not take the room into consideration like Audyssey.
From the Audyssey FAQ:
"The first is that MultEQ is not based on parametric equalization. Parametric equalization relies on a few bands that are centered at certain frequencies. These bands do not provide sufficient resolution to address many room acoustical problems. Also, parametric bands tend to interact so that changes at one frequency have undesirable results at nearby frequencies. Moreover, parametric equalization methods use a particular type of digital filter called Infinite Impulse Response (IIR) that only attempts to correct the magnitude response in the frequency domain. These filters can cause unwanted effects, such as ringing or smearing, in the time domain particularly as the bands get narrower. MultEQ uses Finite Impulse Response (FIR) filters for equalization that use several hundred coefficients to achieve much higher resolution in the frequency domain than parametric bands. Furthermore, by their nature, FIR filters simulatneously provide correction in the frequency and time domains. FIR filters had been considered to require too many computational resources. But Audyssey solved this problem by using a special frequency scale that allocates more power to the lower frequencies where it is needed the most.
The second major difference is that MultEQ combines multiple measurements to create equalization filters that better represent the acoustical problems in the room. Most other methods only perform a single point measurement and this can result in making other locations in the room sound worse than before equalization. There are some methods that use spatial averaging to combine multiple room measurements. Although this is a step above single-point correction, it does not provide optimum correction when discussing spatial averaging. For example, it is common to find a peak at a certain frequency in one location and a dip at the same frequency at another nearby location. The averaging methods will add the peak and the dip and this will result in an apparent flat response at that frequency, thus causing the equalization filter to take no action. MultEQ uses a clustering method to combine measurements so that acoustical problems are better represented, thus allowing the equalization filter to perform the appropriate correction at each location."
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