Just reading over the Meridian 568.2 specs again as I'm still considering some 2nd hand 568 options, and I noticed something interesting: not only does it not have a 5-channel analogue bypass (or even a 5-channel analogue input - they obviously want to lock you into using a Meridian player and buying their expensive MHR link if you want DVD Audio) but as far as I can tell it doesn't even have a two-channel analogue bypass. There is a two-channel playback mode called "Direct" but as far as I can tell the only difference between that and "Stereo" is that it doesn't use bass management - the full signal is sent to the front speakers and the sub isn't used. So even in "Direct" mode an anlogue input would be going through an extra ADC/DAC stage. The DACs in the 568.2 are pretty nice, so you'll get good results using an external transport and the digital input, but even so this is a surprising omission in a processor as new as this. Or am I just wrong?