I have to echo the sentiments above. This unit is awesome! I bought it to replace an old HTIB system that wasn't able to handle lossless audio from my PS3. I also have an issue running rear speaker wires to get true surround sound, wanted less wires and it is only costing me $220 shipped from SonyStyle with the free shipping offer and the $100 off as a new card holder.
Anyway, setup was a breeze, basically plug and play. I was up and running in 20 minutes or so. Sound is WAY better than my old 5.1 HTIB system, which was really running 2.0 as it only had 5.1 analog inputs and no HDMI/TOSLINK etc.
It definitely isn't true "surround" sound. But, I did watch the open sequence of Casino Royale and I definitely get directional sound, which I did not before. Additionally, the sound it produces is much deeper, clearer and crisper than what I was getting before. I am very happy with this purchase. could be the best $200 I ever spent. With the best $1500 I ever spent being on my Sony RPTV and the best $500 I ever spent on my 80 gig PS3 that I bought over the Holidays.
If you have a smaller room, are not wanting or able to run speaker wires all over the place and want a good clear, crisp deep sounding unit, then this is an excellent choice!
Also, as noted elsewhere, I definitely have to get the volume up to 30 to feel fulfilled by the sound, but once there I am very satisified and I also feel that "Movie" mode is the best sound mode on the unit no matter what I happen to be watching.
I haven't played with it much and have all the factory defaults currently on, except the switch to "movie" sound mode.
If anyone has any recommended changes to the defaults, I'd be glad to hear them!