I am new here even though I read your posts every day for years now. I will start by saying I am Theta lover with Citadel 1.5 (upgrade) and CBIII/Xtrem (BTW, Steve, the Citadel 1.5 upgrade was before ATI bought the Company but I easily understand that you do not know it as there not even a single review on internet about this impressive upgrade).
If I go back 13 months from now, this is the reply that gave me Theta to my email :
" Theta Digital's product development team are hard at work on several projects, including an HDMI 1.3 audio and video solution for the Casablanca III, for use with the Premium, the Superior II and the Xtreme D-2 DAC cards. The engineers hope to be able to show some fruit of their labour later this summer at CEDIA Expo in Denver, and we hope to be able to ship that solution by the end of the year 2008."
If your not an athorney, but a happy customer, you may think "they have a prototype and will soon be beta testing" (this is what I thought)
The truth is that they came to Cedia 2008 with an empty box and one year later, they came with a prototype that nobody heard with a proper setup (not a single post on the sound !!).
For months (if not years) they not only misleaded customers but also their retailers that must be struggling now to sell a Theta product. If we all cut and paste the answers received from Theta on a thread, it will surely be quite impressive...
What Mike said to this thread ?
1/Theta still doesn't know if they will go through.
To defend Mike/ATI, I would say that the take over of a company is always long and tough. ATI is a big company but it seams that they did not fuel the HDMI project with a big team.
2/ Theta still have old recipes (analog section in a blu ray box) : come and shop !
Nothing else !! After years of waiting, that's scary.
As theta guys, we can be divided into 2 classes :
1/ the one that cannot afford the hit to store or sell their CBIII
2/ the one that want world class product and can afford the hit.
(I do not count those who already moved on !)
A world class product, that is to say, great DAC, great analog section/power supply and great room correction fully customized on all the spectrum and if possible in the digital domain BEFORE D/A conversion (and not D/A + A/D DSP D/A)If one of you can name some products like this one (denon ? Tact ? Anthem ?),
I will go for a look right now !
What Theta has to offer ? great expensives DAC and good analog section. In any case, the costly upgrade will remain an "old recipe" compared to the description above. When will they be able to offer 2001st century ?
2/3/4 years is very long in the audio/video industry
Look at the improvement that Audio research / SIM2 / Ayre (and all the others) can do during this period ! Improvements are fast and significants.
So far ATI may have rescued Theta (I am wondering how many products Theta sells now...), but to capitalize on the brand, they need to speed on and hire a communication guy