Best 200 watt x 5 amp for the money?

Take a look at the Anthem multichannels. The older 5 channel is the MCA5, newer one is MCA50. They are also available in 2 and 3 channel versions. Great deals for the price. Solid and sound pretty good.
http://www.anthemav.com/NewSitev2.0/AnthemProduct/MCASeries/MCASeriesHome.html

Best Regards

Conrad-johnson MFA-5600.

Parasound 2505AT.FET's in output stage.A Bit Tube like.Highly reviewed.JD

"Pmandt":

I like all three of your choices (Parasound, Sherbourn and ATI). But you might want to add Outlaw to your list of choices as well. I think that their Model 755 is also a 200W x 5 design, and if I am not mistaking, that amp retails for under $1,600.00 as well. I also tend to like the Anthems as well. With all of these "moderately priced, but super powered" amps around that are almost good enough to give the Krells and Levinsons a good run for their money, who needs to spend a ton of money on a Krell or a Mark Levinson????

Also, have you considered Bryston as well???

--Charles--

To add another option to the wonderful selection of amps above, I enjoy the sound of the Enlightened Audio Design PowerMaster 1000. As compared to my older Nakamichi and Citation 7.1 amps; the EAD had a fuller, richer sound. EAD no longer makes the PM1000 but you should be able to find one used.