Just had the KEF rep demo it to us yesterday.
I was very impressed by what I heard. For obvious reasons it sounds very like the KEF KHT2005 package. The main drivers are the same.
The 'surround' effect is surprisingly good and build quality is superb. Possibly could use slightly more power output but it sounded excellent, even almost flat out.
Composite video, S-video, RGB and component with PAL prog scan, Pro-logic2. and stereo mode for CD's
Looks like a winner.