Parasound newclassic 200 pre or a Halo P 5?

I owned a Parasound Halo P5 for a short time. I bought it based on reviews, features and price. I did not really need most of the features, I just needed a 2-channel pre-amp. I found the P5 to be underwhelming as a 2-channel pre-amp. Feature rich, but lackluster sound quality. If you need/want all of the features that are often/typically not part of a standard 2-channel pre-amp, I guess it could be a consideration. However, if you are looking to maximize sound quality, I think the P5 would hold you back.

That's just me experience. I've been around the audiophile block a few times and have owned many components and systems. Other people's opinions are just as valid as mine. But that is my opinion.....

Good luck in your search.

I do like the features it has, but of course it needs to sound good!  Was it quiet?  And, would you say it was as good as other preamps with similar features in the the <$1000 range?  

Emotiva offers a preamp (BasX PT 100)that's only $300 with built in DAC, Phono, etc. but I have reservations.  

Was it quiet? And, would you say it was as good as other preamps with similar features in the the <$1000 range?  

Was it quiet? I don't recall it being noisy, so yes.

I haven't used any other sub $1000 pre-amps with similar features, so I can't comment on that. 

I believe you're a experienced audiophile,  while I'm just getting my feet wet!  I do know I don't like to hear background hiss or hum, so that is important to me.  I don't doubt it wouldn't sound as good as other pre amps which were not a feature rich as you say, yet it might be fine at this point for me.  If you don't mind saying, it would be interesting to know what pre amp did you replaced when you got the P5, and what did you replace that P5 with?  Again, thanks for sharing you opinion!