Is one of the advantages the Ref 5 has is a lower noise floor?
I appreciate for quite a few this may not be a critical issue, but for others if it is even slightly audible then this may be one reason to upgrade to Ref 5.
I hate any hiss, even when it is pretty subtle, strange years ago it never bothered me.
Cheers
Orb
The noise floor of the Anniversary and of the REF5 is very low, both in the measurements and listening. Looking at the published the specifications it is the same for both units:
Noise
1.7uV RMS residual IHF weighted balanced equivalent input noise with volume at 1 (109dB below 2V RMS output.)
This value is 3dB better than the old REF3.
The quoted figures will degrade in the unbalanced (single ended) mode, as the hum noise contribution will not cancel.
My speakers are the low efficiency Soundlabs, so hiss was never an issue in my system. Curiously the Anniversary seems subjectively to have a lower noise floor. An Audiogon member is using the Anniversary preamplifier with an Wavac HE833 amplifier and some fantastic custom made 106 dB/W horns, so it must be really noise free! See it at
http://forum.audiogon.com/cgi-bin/fr.pl?vopin&1245189567