Check out the Dagodo review. That reviewer rated the CD5's preamp as superior to everything he has heard up to Vac Renaissance Sig (a $14k pre!). I own a CD5. I rate it higher than the Audio Research CD8. In terms of your question "Is is greater than Pass, Levinson.." Audiojudge's response is pretty accurate, although I personally think the Hovland is a lovely preamp. Hope that helps.
the preamplifier built in the ayon cd5 is great?
i want to buy a ayon cd5,i love the lp,the preamplifier built in the ayon cd5 is great,than a pass, levinson 380s,etc?