Received my Cary 11a a few days ago and have a similar view of the number of hdmi inputs as Phil . When you only have one source [possibly 2]that can avail itself of the lossless codecs [bluray] it makes sense. I also appreciate the ability to seperate not just video processing but also low level pre amp signals from noisy power amps.
What can I say but the surround processing prowess of the cirrus logic 49970 dual core 32 bit chipset with lossless from my pio 51fd is the best Ive ever heard . When I cued up the start of 3:10 to yuma the crispness of the crackling flames sounded natural [thats the best compliment I can think of] .Sound steering was top notch;delineation of even the most incidental foley effect just draws you in.Even the dd 5.1 of 'black sheep' was very good. Apparently theres a scene that goes under 20 hz ;almost up to it. Compared to the dd decoding of my old integra dtr 10.5 its more transparent.
Ime not into 2ch music as much as multichannel but the analog passthrough was certainly appreciated . I played back a piece of music Ime familiar with 'The who live at leeds' with the pios wolfsohn 8740 dac analog outs being fed through the cary to a rotel rmb 1077 then to my timberwolf ribbon /cone speakers . For a recording that dates from about 1970 I heard discernible words that were mush to me last time [pretty transparent throughput ;though Ive not heard a good pre with h/t bypass I must add] . I can only imagine how good a dedicated cd player would improve things
Ile list a few things the cary has in its favour
1. It has the processing power to apply PL2X to DTS HDMA 5.1 decoded by the cary ; no worries there
2. It has extremely comprehensive crossover options ; full 40/60/70/80/90/100/110/120/130/150hz ; and that is for
all speakers including the subwoofer.
3.It uses a cascading system for its bass management . This means the subwoofer doesnt have to handle the .1 lfe + all the redirected bass below other speakers hi pass filters. For example the frequencies below your surround x overs can go to the main L/R speakers if they have low bass extension and share the low frequency load. This is how Ive set up mine so the sub only has to handle frequencies under 40 db . And my transmission line speakers can soak up discs like 'the orphanage'
4. When you look at the price of the 11a plus say a dvdo edge [which has a dedicated hdmi audio output ;for synergy]and the price of the opposition ;nuff said.
5. Lets you save up for a superior standalone audessey unit

please pm Wavetrain for some good news if interested
6. It has an intuitive settup process with better options than the old c11. No on screen display though so dont think its got buckets of options/ bells and whistles .
7. I should add its got full bass management for analog inputs so if you add a pioneer 91 its like the equivalent of 3 hdmi inputs if you dont want a vp .
8.It does take a second to lock on to a hdmi signal and that doesnt bother me as Ide rather it lock on properly ;but others may have different views . Mine has the new ver1.02 firmware and cary were very quick with it too
9. Its got balanced inputs/outputs . Just the thing for long runs and low noise/ emi cancelling runs. Just because a component has xlr's doesnt mean it has the proper +/- phase cancelling circuitry .
10. Just cause I like even numbers

; the cary can accept a pure dsd signal through its dacs .
If Ive been too positive about the cary you understand Ime hard put to ascribe negatives
as it applies to my requirements;as allways its what works for you. Its been a long wait but worth it in the end