Parasound newclassic 200 pre or a Halo P 5?

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!

I also have to echo @reubent 's sentiments. I recently had a chance to demo a Parasound A21+ with a Halo P6 preamp. I found the sound to be completely lackluster and underwhelming. 

I swapped out the P6 for another pre I had laying around the house and my system came to life. The Parasound pre had no life to it. 

I recommend you look elsewhere. 

OP: I had a Parasound P5 a few years ago. I think back then they didn't use the word 'halo' in the model name but I could be wrong. I used it with Parasound A21 and for the price it sounded really good -- balanced from top to bottom, a bit on the warm side, could have been more resolving but that's expected at the price point. I later replaced it first with a Peachtree Nova 125, and then with a Cambridge Audio Azur 851D to serve as the DAC and preamp. In hindsight, P5 was substantially better than Peachtree and Cambridge Audio. I regretted selling it.

You can also look at it this way ... you will pay retail, or close to retail, if you get the NewClassic 200. You will always wonder if P5 would have been a better choice. Eventually, this feeling will get the better of you and you will end up selling it in the used market. Because you paid close to retail, you'll take a bigger hit. Now if you get the P5 and don't like it, your loss will be smaller if you try to sell it later on.

I say go for the P5. Emotiva should only be bought for your in-laws.