Setting aside performance...which you should judge for yourself, the pros i supposed are fewer cables (saves money), potentially lower cost (1 unit not 2). The cons are that in many reviews the analog preamp part of the unit is not as good as separate preamp...but the digital bit can be phenomenal. So if you have a turntable, or other analogue inputs, in some cases, the reviews/comments suggest a separate preamp will suit better in those cases. For example, if you are looking at Meridian 808.3i, some might say go with ARC Ref 5SE for analogue inputs as preamp...but the digital DAC direct to your amp will sound great. Two cents.
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