Rx8man - Consider the REF 5 the 'REF 3 MkII' - an expensive 'upgrade' where you send your REF 3 to someone else and receive the REF 5 back for 12k minus the money you got for selling your REF 3.
You have to hand it to ARC. They sure know how to extract cash from their clientele. They know that a certain percentage of there Ref-3 owners will trade up for the new model. I guess that's how they stay in business.
You must have a verified phone number and physical address in order to post in the Audiogon Forums. Please return to Audiogon.com and complete this step. If you have any questions please contact Support.