The Pioneer AX-10 does not process SACD properly, it converts it to PCM. The new Pioneer DV-47A will decode both 2 and 5 ch. SACD and DVD-A correctly and has 12 bit video DAC's as well, BUT... it still has the chroma bug which might be a factor with the Sharp pj. Otherwise this player should just about be the ticket to multi format nirvana at this time. My Sony 9000ES is superb, but lacks 5 ch. SACD, which may not be important to you until you hear it done properly, and then you may not want to be without it.