"Excellent value for the money with no major flaws"4.5 starson by tadietz
Pros: True HDMI processing (not just passthrough), composite, S-Video and component to HDMI conversion, good sound quality, low weight and height, and a very nice 'precise sound setup' for speakers
Cons: Somewhat limited input connections, non-HDMI sources not upconverted (just converted) to HDMI, and not-so-universal remote
Summary: For a Web price of $360, this is one of the most cutting-edge feature sets for the money that you can currently get. With a rich set of sound processing options and DSP modes, HDMI audio processing (i.e., the ability to actually process the digital audio from HDMI-connected components rather than requiring an additional optical or coax digital connection), 'precise sound setup' for automatic speaker recognition and balancing, and the ability to convert and route or switch all incoming video sourcess to one HDMI output to your TV (unfortunately not upconverted - just conversion of non-HDMI sources with impressive Faroudja DCDi technology), the wiring needed to connect your home theater is vastly reduced.
The remote, if it works for your set of components (it didn't for mine), would probably be OK, though it is not backlit, has no learning mode for the components it doesn't have a code for, and has somewhat small buttons.
Connectivity is somewhat limited without playing games with switching of input video and audio source connections, although this can be done reasonably, if needed, with a remote having macro capabilities. For my simple needs (connecting a Dish satellite box via s-video, an HD external tuner via HDMI, and an HDMI-connected DVD player all routed to an HDMI-connected HDTV), I had what I needed without playing games and just used the default settings. It would be better, in my opinion, if there were just a few more native options built into the back panel and an on-screen menu for setting things up where the defaults are not adequate.
Overall, the faults are few and the value is excellent. I am very pleased with my purchase.