Just thought I would bump this thread as I just received and hooked up my MV-5 on Monday of this week.
I see where a lot of people are bashing this product for not having 1080p output. For me it is not a big deal since I have a first generation SXRD that will only accept 1080i and then upconvert internally to 1080p. In the future I will either get something outboard or hope that they do a software upgrade (not sure if this is even possible).
This is my first foray into Lexicon. I was already familiar with the MC1 as a couple of my friends have them and I was always impressed with the sound quality. Going from a B&K reference 200.7 amp and using a Sony ES receiver as a processor to the same amp and now the Lexicon to me has been a huge improvement.
Furthermore I was fortunate to get the unit at cost + 10% from a friend so I really can't complain.
When it is all said and done I am extremely happy with this unit and have no regrets whatsoever. Playing it for my wife was a thrill as I didn't even have to ask, just the look on her face told me she could hear a huge improvement, was in approval and was excited to hear more.