I'll bite: Here's a review of my Lexicon RV-5.
It's a love/hate sort of thing.
First, the love: It's a lovely sounding bit of gear. It's got enough power to actually watch a movie with or listen to music at impressive levels. The amplifier section seems to be very transparent and unstrained, and the unit also works well as a preamplifier (which is how it mostly gets used for me). The crossover controls (oh, wait: "bass management") work sanely, and it has a large number of analog inputs. It has plenty of cooling with a built-in fan that I never hear run, and the guts are laid out in such a way that dust tends to accumulate more on the heatsinks than on its many layers of PCBs stuffed full of SMDs. It does a splendid job with doing 5.1 PCM over HDMI, with a PS3 doing the grunt decoding work for Blu-Rays, or decoding Dolby Stereo, DTS, or Dolby Digital by itself.
Now, the hate: There aren't anywhere near enough input buttons for all of the physical inputs. Some of the input buttons are dedicated to things like the proprietary iPod dock and the USB port that acts like a sound card (which is cool, but limited to stereo PCM at 44.1/48KHz). Proprietary extra box needed for RF remote functions. Built-in EQ totally not user-adjustable: Either accept what it decides with its included microphone, or turn it off. (It works better off.)
Logic 7 ought to be a fun feature, but it is totally not user-adjustable, and adds waaay too much bass and waaay too much fake fill in the rear channels. Bad latency in conversion from analog to HDMI, worse latency if its built-in scaler is turned on. This doesn't matter for movies or general video, but it makes the Wii unplayable (although doing a pass-through with component video works fine). No tape outputs for any manner of recording. No phono preamp. The tuner neither sounds good, nor works well.
It has two subwoofer outputs, and they're both mixed mono. The entire point of having two monaural subwoofer outputs seems to be that one can have two different subwoofers, and set different delays for each of them. And, indeed, there are two subwoofer delay settings in "Speaker Distances" menu....but only one of them works. The other delay is apparently always set to 0, no matter what the screen says. (This is annoying because I actually have two subwoofers, and two amplifier channels to drive them, but it's easy to ignore.)
Speaking of the screen, the built-in menu looks like something from a home VCR circa 1990: Block white text on a blue background. (Humorously it does scale the menu up to 720p with its Faruoudja magic, but there's still rolling analog video noise in the background from the twenty-three-cent character generator chip at the source.)
It forgets some of its settings when it loses power. Some of these settings are minor (like display brightness), some are important (like the association between digital inputs and input buttons). This means that every time the power goes out, my wife makes me push a long-winded button incantation in the menu in order to make digital sources (whether HDMI or S/PDIF) work again. (I tried programming this into an 18-or-20-step macro in the Lexicon's remote, but the macro only works some of the time and the remote eats a set of batteries every month or two even if it isn't used at all.)
When changing audio input formats as in, say, watching a Dolby Digital 5.1 film before watching a PLII film, it forgets to be in Pro-Logic mode: It -says- it is in Pro-Logic mode, but the audio is in stereo. Pushing the "stereo" button and then the "Dolby" button fixes this. (Oddly, in this strange state of being stereo but reporting PLIIx, the audio is noticeably louder than normal "stereo" mode, by about 3dB. Pushing the "stereo" button one time fixes this level discrepancy.)
Similarly, with TOSLINK from my Samsung A550 to one of the Lexicon's inputs, Dolby Digital works fine with ATSC OTA stuff...unless I go to an analog source (we still have one low-power TV station here doing NTSC) and back to ATSC. This outputs the Dolby Digital data as if it were PCM data, resulting in REALLY LOUD INCOHERENT NOISE until the receiver's input is switched to something else, and then back again. It then works fine until the next time the TV lands on that solitary analog channel.
Oh, and it doesn't transfer 1080p over HDMI. Not a big problem since my 1080 sources are generally 1080p24 Blu-Ray, which works exactly the same in 1080i60 on my 60Hz TV, but still bothersome.
All that said, I think, the biggest gripes I have: The speaker terminal binding posts are not spaced at 3/4". This makes it a pain to move around for its annual cleaning, because dual-bananas don't fit and I have zero faith in non-insulated fancy-pants single-bananas. And the lights, for the input buttons: They're so bright and focused that you can read a newspaper with them from across the room, and see them through your eyelids if you're napping on the couch listening to music, and yet so useless that they're invisible if a ray of direct sunlight visits upon them through a window.
In conclusion: Neat product. Sounds great. Has issues. Internally, it has clearly-labeled connections between boards, in case the need for future modification presents itself. It's an awesome bit of kit as long as it is used as simply as possible...in other words, as a relatively high-end video switcher and no-frills processor that happens to have an amplifier section.
Was it worth $3995.95 that it retailed for? No, absolutely not. But it was worth what I paid for it, and it's worth dealing with its misgivings and problems. It is very nice to listen to if it hasn't bludgeoned itself into a mode that does not work, and I look forward to many more years with it.
(I've been in contact with the skeletal remains of Lexicon about these issues, and they were receptive to the idea of sending me new firmware....if they had any to send out. I'd guess that the engineers burned the files right at about the same time they threw their desk chairs out of the windows on the last day of work.)Edited by findlaypc - 10/28/13 at 5:13pm