Andy's right, the Pre-5 doesn't do any signal processing...or even video switching, for that matter. But it sure does sound good. I've had it for over a year and I'm hooked. I think you are asking about the Pre-2 which, like the Lexicon MC-1, I have never used. Sorry I couldn't be more help.
Audio Refinement pre5-dsp VS Lexicon MC-1
Hey guys. I am new to this high end audio stuff so pardon my lack of knowledge(and budget). I have a modest system that I have just started building. I am currently using a Lexicon CP1 plus. I have been happy with it except for lack of digital stuff. BUt i also have not heard any high end systems so I have nothing to personally compare it with and the audio stores have to many variables that I cannot compare with my used outdated system. So I was thinking of upgrading the processor before upgrading the amp. I was all set to look for an MC-1 version 4 that has all the current theater specs. But I stumbled accross the audio refinement pre-s using analogue circuits for 5 channels that sounds interesting because you can use 2 amps. I also came across a pre5 that has late model motorola chip. So I am throwing this out for your help...... Please