What's the latest word on the Emotiva UMC-1?


I just bought the Oppo 83 blu-ray player, and now see the Emotiva website says the UMC-1 processor is in initial shipping mode. At only $700, is this processor really of great quality and a bargain compared to the likes of more expensive units from Onkyo, Integra, Marantz, Rotel, etc? I'm looking to spend under $3,000. For strictly home theater use, would you go for the UMC-1 or what other product?
rxlarry99
"...if they get it fully working it's one of the bargains in the HiFi world today."

Lol! This statement really cracks me up. I'm sorry! You gotta appreciate the humor in that response. "if they ever get it working".
Come on people. Do we as consumers really need to be supporting products that aren't actually working? Has hard times brought us to this?!
One would think our standards would at least come to accept only products that actually, well um, work!!
But then again, maybe it's just me. I like to pay hundreds for products that actually function. And, to make it worse, you can see these features in the products menu and display, but you apparently can't get to em, or get them working, it seems. Um, ok...

And, yes, I do have a bone to pick. Because Emotiva strung me along for almost a year and a half, while I waited on their list, only to be presented with the current offering.
Yeah, I'm carrying a little pissy-stick, sure.
First, I have loaned money to Emotiva..if it doesn't work the way I want in the final release, I can return it for full money back (30 days from when the software is final).

There are many companies who have used "early announcements" to hold potential buyers from buying a competitive product...Emotiva is no different. (think microsoft; Sony; and let's not forget the infamous Outlaw 997) The nearest competitor I know of today is the integra DHC-40.1 at $300 more, and it has it's own problems with HDMI sync.

So..if they get the software sorted out, I'll gladly keep mine and I will have a bargain at $699. If I decide not to wait, I'll return it and probably buy a 40.1. If it weren't for the heat output of the last Integra/Onkyo processors, I'd probably already own one of them....Lot's of choices, lots of trade-offs.
THat's true about the heat output on the Integra's...man it heats up my little equipt closet!
I waited forever for the 997... I'm not even interested in the 998 after all the hype.
06-23-10: Oddiofyl
I waited forever for the 997... I'm not even interested in the 998 after all the hype.
Outlaw hasn't successfully designed their own pre/pro since their initial Model 950, developed 7-8 years ago! The next-gen (970?) was sourced from Sherwood-Newcastle and Outlaw hasn't been able to bring an HDMI-based AVP out at all.

Onkyo's been offering them for three years.