07-30-11: James_lipskiStreet price of the Yamaha is more like $1999. The Yamaha has a built-in phono stage; it's a $199 add-on for the NAD. That narrows the gap from $1200 to $500, and I suspect the Yamaha with its unique power supply and topology rewrites the book on what a $2K integrated can sound like.
...The Yamaha has a msrp of $2499. The NAD has an msrp of 1299.
