Has anyone heard the Lexicon MC-10 processor and can they describe its characteristics.

I have not but have an MC-12. I only responded because of a comment around remotes- a Logitech remote can be programmed to drive the MC-12. Good luck with the 10 if you decide to go that route. The 12 is exceptional.

I just pulled the trigger on a new MC-10.  Should be here in a few days for I will give a review on it.  Purchase was due to my Audiocontrol Maestro M8 audio board took a dive and do not believe it will be repaired anytime soon.

@motogp Any thoughts on the MC-10 yet? I am seriously considering one.  I'm bouncing back and forth between a discounted MC-10 at audio advisor or a new Anthem AVM 70.  

Yeah @motogp tell us the verdict..

Here is an update from about a year ago, its a long story.
I purchased a Lexicon MV-5 as an substitute while my Krell was sent to the Krell headquarter for repair.  My audio technician and installer sent a detailed mail to Krell outlining every issue with the Foundation.  Krell called back and said they felt the 4K was performing properly.  There was no addressing the list of issues provided to them.  The unit was reset to factory standards and returned and set up in the system.  It performed as it did before it was sent to the Krell headquarters.  In other words, the base/subs play sometimes, not all the time.  Most of my music is streamed from an iPad to Apple TV.  While listening, and without warning, the subs will start playing, like the volume for the sub was turned from 0-10 blasting you out of the room.  The subs will play for 3-5 seconds then stop.   Other times, they will play for the entire song.  
In the meantime, I tried an Arcam AV40.  The tech/installer and I auditioned a few songs and videos, then went back to the Krell.  The Arcam video and sound were disappointing and underwhelming compares to the Krell.  I just wish that I could get the Krell to perform properly, when it does, it's exceptional.  The subs are top of the line B & W.