Finally got my new processor preamp last Friday. For those of you who are unfamiliar with Audio Refinement, it is YBA's affordable line. I have Audio Refinement amps and CD player, and had been using the pre-5 preamp until the pre-2 DSP showed up. This is a very basic unit, offering DD and DTS, and is upgradeable to EX, but the upgrade is not yet available and its cost is unknown. There are 4 analog and 4 digital inputs. One of the analog inputs is a 5.1 input. There is a bypass mode that can be used on any of the analog inputs, removing any processing of the signal. The strength of this unit for me is 2 channel sound. I use the DA converters in my CD player, and have found that the quality of the analog bypass on processors can vary greatly. I found the B&K Ref 20 truncated the bass somewhat, and the 5.1 bypass on the Sherwood Newcastle was completely unacceptable in its performance. The sound with using an analog input in bypass mode with the Audio Refinement Pre-2 DSP is equal to that with the Audio Refinement Pre-5 (an analog preamp). As for movies, the auto detect feature works very well, engaging quickly, and stays locked in. The sound is typical YBA, meaning very smooth, but very detailed. After several days of listening, I feel the sound of this unit for movies exceeds that of my ADA Cinema Rhapsody. Even without THX Modes, the center channel is non fatiguing. I have not had the opportunity to hear the outlaw 950, so I can not make any comparisons regarding sound quality. The manual is the shortest I have ever seen for a processor. It is a no nonsense poorly translated, and definitely has never been passed through an English spell checker, but conveys all the necessary information. Bass management is large or small speakers with an adjustable crossover of 80Hz to 120 Hz. Speaker level adjustment is least sensitive speaker set to 0, everything else is adjusted down from that. If YBA sonics is something you crave from 2 channel and movies, then this processor is definitely worth looking at. Retail is $1400, I got mine for $1200.