Not much more than that really. You can adjust up to 250hz without any major issue. Its a nice piece of gear, but a bummer if you have a high end Dac, as it negates the purpose, as the weakest link is the chain now becomes the AM Dac. While the better the Dac, the better the AM performs, it just seems like a shame.
The 2.2 setup you describe takes away most of the negatives I mention above.
I have one for sale at $500 myself.