You are correct Bob. I have been listening to this amp now for hours and I'm just thrilled with it. For $699.00 I feel like I stole it. The fans have not turned on once yet. I'm most impressed with the solid , tight low end. I'm telling you these amps at least this one are absloute deals. I figure it may be at 475 watts per channel into 8 ohms, the last amp I'll probably buy.