Perhaps the bargain of the century! Now you can get Levinson's former top of the line surround sound preamp processor, the famous #40, for a tiny fraction of it's original list price! A two box unit, this puts the video (and noisey circuits) in one box and keeps the analog in another for superior sound. Yes, it still does Dolby Digital and DTS processing, and can even accept an AC3 in from a classic Laserdisc player if you still have one of those. It has component, composite and S-video inputs and outputs, NO HDMI. However, you can still direct the HDMI for video to the TV and the digital outputs of your source directly to the Levinson for the proper sound. Has many digital and analog inputs and outputs including RCA and XLR connections for sources and amplifiers. Has a video preview screen too so you can see what you're playing or cueing up. This unit has amazing sound quality (always a Levinson quality) and can also be used as a stereo preamp for two channel systems too! (no phono circuitry built in however). There are a few dings and scratches on one of the tops and the sides where it was slid into a rack, but nothing major. Pretty good shape for it's age: Own the best at a fantastic price! Paypal adds 3% or can use a credit card or bank wire. Can deliver for free if in the Seattle/Tacoma area.