In my system, the Powerquest sounded so bad I returned it and bought the Niagara 1200. Well, it's an unfair comparison, given the huge price difference. But the Niagara 1200 is so far superior, it really can't be compared to the little PowerQuest. They are in 2 different leagues.
In a nutshell, the PQ2 sounded gray, lifeless and lean. Bass was tight, but so lightweight it simply caused movies and music to lose impact and dynamics. But it was the gray, washed out color and lack of richness throughout the range which ruled it out for me. The Niagara 1200, on the other hand, restored all of these qualities - and then some. It cleaned up the sound, with crisper articulation and better detail, and provides just enough richness to make instruments sound like the real thing. Best of all, it also anchored the soundstage, so centerlock is much more secure than before.
The Niagara isn't perfect; I could still wish for even more dynamic oomph and even more richly saturated orchestral color. But it's no slouch in these areas, and for the money, I really am nit-picking.
One area where the PowerQuest excelled was that 4k/8k plug for HD TVs. The picture quality on my Samsung greatly improved plugged into it. However, it's very nearly as good into the Niagara 1200. So I don't miss it at all. I think the PQ would be great for your average home theater system, based on an inexpensive receiver and a great big subwoofer. It's lean, clean sonic character would probably benefit such a system, which can often tend to be boomy and lacking detail.
I am happy with the Niagara 1200 - for the money. It certainly sounds better than anything else I've tried under $1,000, which all tend to sound the same and not terribly beneficial (Furman, older Monster HTSs, PS Audio, etc.).