i use the proceed avp strictly as a 2 channel preamp/dac in my office system and am very pleased. as i understand it the pav/decoder combo was the top of proceed's line, cost much more and had more features than the (one-box) avp, but shared the same basic architecture; according to the reviews there's not a ton of difference in sound quality. if you're using either of them for surround, my concern would be that their technology is dated--these are late 90s units and don't have all the latest gizmos.
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