Having played with it for a couple days, I though I'd offer my impressions. I'm switching from a V661 to the V665, both being used as pre/pro with the 665 driving only the back surrounds. Updating the firmware was the first job, and this went well.
The 665 is in some ways a step down from the 661 in terms of flexibility of setup. This is more than balanced by the 665's ease of setup and much more intuitive remote and operation. The front panel display on the 665 is sparse to say the least, although a few button presses will display whatever you need to know.
I'm disappointed that the Extended Surround setting is global and cannot be assigned separately to different inputs. I does however work well with Dolby THD and DTS-MA. Likewise, you cannot assign a specific decoder to different inputs, but the 665 will remember the last one you used, also the SCENE function will remember the last decoder used. Also disappointed that the FP display has changed from showing the channels being input to the channels being output. However you can still use the "info" function to see what the input is.
Component video conversion to HDMI is a bit disappointing, PQ-wise, but this is not a surprise. I recommend turning off the upscaling and setting it to "through" for all video. All but the cheapest monitors will do a better job with the scaling and conversion.
Although the inputs cannot for the most part be assigned, there are MANY different inputs offering enough for most users needs.
All in all, for the $350 price I paid, this is a no-brainer as a pre/pro. It provides HDMI switching, the full palate of decoders and simple, intuitive operation. For HDMI inputs, it really is a plug-n-play component and needs almost no setup. Smaller than most AVRs, it will fit most anywhere. Lightweight and cool running.
If I was paying full retail price, I might look at some other AVR's, but for the price I paid, this is really the only unit with pre-outs.