Editorial Review:Product Description:The AVR-988 has been rebuilt from the ground up and has been outfitted and updated with the latest A/V theater technology allowing for enhanced multi-room operation and performance. The AVR-988 now has HDMI v1.3a which brings with it the new surround formats of Dolby Digital TrueHD and dts Master Audio decoding providing for the ultimate surround experience. Audyssey processing has been updated which will provide improved auto calibration results for even smoother sound reproduction. The Faroudja FLi2310 processor, one of the best in the industry, has been employed to allow for video scaling to 1080p resolution. An RS-232C system control port and serial IR ports are provided for ease of integration for complex home audio installations with 3rd party controllers. Additionally, the AVR-988 now comes with dual remotes for improved multi-zone applications and control.
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Customer Reviews
Average Rating:

Rating: 
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Incredible Product
This Av receiver is really an incredible piece of engineering. Sophisticated is a good word for it. The Audessey calibration did a great job of setting my speakers in my HT. I'm running with Mirage FRX7 fronts, FRXc Center, FRX5 surrounds, and FRXs8 subwoofer. The Denon powers these with great detail and tons of headroom.
After shopping round for quite awhile now, the discovery of the Denon at half price, free shipping, was too good to pass up and boy am I glad I didn't.
The manual is a bit daunting. For someone relatively new to HT it will take some time to get a handle on, but one could just use the auto setup and be on their way.
Also noteworthy is that after being on for probably 6 or so hours I noticed the unit was barely warm. This is a good thing as I know heat is the biggest culprit in electronics failures.
Buy this unit, you will not regret it!!!
Rating: 
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Awesome deal on this receiver.
I bought this receiver for $599 and I seriously doubt any other receiver for that money will compare to this. This receiver has breathed new life into my old cerwin vega speakers, so much so that I probably don't even need to upgrade them but I will. This is a very quality product. No issues or problems at all. Get this baby while you still can.
Rating: 
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High performance for a great price! Denon AVR 988
This was a strong performing receiver at $1200. Now it is an amazing value. Why?
Pros
1) Clean high current power- in the end, the most important thing. Strip away all the bells and whistles and "features" and listen to it. Many receivers brag about 100 watts of power and yet sound thin. Denon is known for amplifier quality. This Denon receiver was designed for the $1200 instead of the $500 price point and has the parts quality that reflects it (good power supply, shielding, and separate circuit boards for Digital, Analog Video and Analog Audio) The receiver has 110 watts for 7 channels and will drive your speakers for better bass and clarity.
2) 1080P Upconversion- there is two types of upconversion. In other words, what are you doing to a VCR or other analog video signal to make it HDMI? Some receivers "Transcode", which means they convert from regular composite video, S-Video, or Component video to HDMI. This is done for convenience. You get all of your sources on one HDMI cable going into the TV, but don't expect any improvement in video quality. The other way of conversion is called upconversion or "scaling." Now you are taking a 480i signal and converting it to 1080i or 1080P. The quality of that process varies widely. Some upconverters make the image look horrible. Some only upconvert to 1080i. Denon uses a Faroudja FLi2310 video processor that provides video scaling up to 1080p resolution. On other words, it makes your old stuff look good. Not as good as true HD source material, but it is a significant improvement.
3) Dolby True HD and DTS-HD Master Audio- decodes them both.
4) Multi-Zone/Multi-Source: Use 5 of the channels for home theater and the 2 other channels to power a second zone (like speakers for an outdoor deck) with a different source. So you can watch movies in the family room and still have a CD playing outside. The second zone can be fed from the coax digital or optical digital input (rather than only analog), something that many other multi-source receivers can't do.
5) Auto Setup: Many people buy a receiver and never bother to set it up to compensate for their room and speakers. I prefer to set up a receiver manually for inputs, speaker size and distance and it can make a huge difference in sound quality. Denon makes setup easy. Once you plug in the microphone, the receiver automatically detects and enters in auto-setup mode. The Audyssey Multi EQ XT can be setup for 8 favorite listening setups...you can calibrate it for a couple watching movies vs a group watching a football game. There is a large difference among auto EQs, and Audyssey does a good job.
6) Auto Lipsync- Have you noticed the image not match up with the sound? Rather than put up with that movie experience, the Denon receiver will allow you to correct for the delays between the video and audio processing.
7) Shh...don't tell anyone, but this receiver is very, very close in performance to Denon's AVR 2808. Just less expensive!
8) Yes, it even still has a phono input.
9) Music restorer- Playing an iPod? Use this to make compressed audio sources sound less worse.
Drawback
Although it will convert other inputs to HDMI, it only has two HDMI inputs. For those who want more HDMI inputs, add a HDMI switcher box. One of the best reviewed ones is the Oppo. It works with Tivo, Comcast cable boxes, and with Denon receivers.
OPPO HM-31 Certified HDMI 1.3 and 1080p Switch
Rating: 
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Worth the price paid for
This is the ultimate theater receiver and whoever owns it as well will know what I mean.
Rating: 
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Verry affordable, great receiver for the money!
Excellent music and video capabilities including the latest HD formats, and 1080p conversion is real (works well).
Denon is known for faithful reproduction of music and usually the cornerstone of low end /budget audiophile systems. I tried these with Martin Logan Aeon i Speakers and they sound fine (considering Martin Logans require amps to drive large currents at 2 to 4 ohms, but still not enough - while the sound quality is fine - no additional noises/artifacts, the volume tends to be low with martin logans); so I am forced to use other (Polk) speakers with these too for the most part (in 5 channel mode instead of stereo for classical music) in most situations (that and the bad docs/remote/gui setup is why I am giving 4 stars!)
Pros: 1. analog conversion all the way to HDMI 1080p
2. downward conversion to svhs/analog for multizones
3. Excellent connectivity to networked music (ASD-1r/3w/3n docs - optional) and ipods
4. easy setup for room
5. Preamp output available
Cons:
1. Still bad/complicated remote! (and bad documentation too).
2. Only 2 HDMI inputs?
Didn't test on screen menu feature on this yet (one year old Denon 588 didn't have that)
Overall it is a good product especially compared to the similar 2808 that sells for $1000 upwards. Both are similar featured (except that 2808 supports 3 zone/3 source compared to 2 zone/2 source for 988 model; and 2808 also has a simple second remote that is good; the rest of the amp is exactly the same as 988, just costs more!).Considering the price and features, this model is a steal right now!
Update/Caveat: If your speakers are 6 ohms or higher, then this receiver is great! So decide carefully taking all the components in to consideration. For my case, I am adding a good stereo amp (Class D) to drive the martin logans using the pre out for zone 2 as the input for the stereo amp.
UPDATE: Looks like Denon has introduced new models AVR-989 and 2809Cl with just 2 differences (115W instead of 110W per ch. and 4 HDMI inputs - they listened to the reviewers/users and increased the number of HDMI inputs)! That's the reason that these are getting discounted right now; if you don't care about more than 2 HDMI inputs, this is the best sale ever.
I have used Marantz, harmon kardon and sony in the past (never used Onkyo but reading reviews I stayed away from it because of power/burn out issues) and all of them have had troubles with power - usually gets heated a lot more than denons, sometimes protection circuit kicks in and turns off those receivers in my setup (goes to power efficiency of Denons, that they are able to give better wattage without wasting extra power).