Good Processor

Zd542, sorry if I wasn't clear. I'm not comparing a new meridian to a new integra but instead a new integra with the older versions, as stated 2.8 or 4, which can be purchased for similar price points. Also, considering lexicon mc12 and other s that are suggested.

I'm thinking the integra 80.3 is the way to go for me. Suggestions for 5 channel amp? Will be driving Merlin TSM for L,C,R and sonance in ceiling for surrounds.

My only issue is that I am using some very revealing speakers, Merlin VSM which I intend to keep, and fear lesser quality electronics will stick out. From reviews I have read comparing cary, integra, lexicon even the older higher end units sound better than newer mass processors. HD codecs can output from bluray so that's not an issue. Video will go directly to projector so I don't necessarily need video processing. Considered cary 11a until read the negative reviews on avs forums. So lexicon 12? What series? Older theta Casablanca? Bryston? Budget ~2000 used. Thx.

Tcat
Sorry if I wasn't clear. I do want the ability to process the new codecs but not necessarily from the processor as I understand my oppo can do this fine. My real problem here as stated is my speakers are going to reveal anything that isn't good quality and I seriously doubt the lower end pros will make the cut. However, I also am not currently able to buy a $15K Casablanca III with extreme dacs so some compromise must be made. Now, if I'm really giving up a good deal by running 5 channel, will not be using 7 for now, into an older processor please educate me as to why.

Thx guys. I have Merlin VSM MXRs and will be adding the tsm center and tsm for surround. When I mean they are revealing, I am trying to say they show the weak link in the audio chain.