Pros: Reasonably priced, performed as advertised, good way to get digital audio from HDMI

Cons: None found yet.

Overall Review: I was previously using my TV's speaker output and a car audio converter to bring the output down to line level to run back into my receiver. It sounded okay, but this has quite substantially improved the sound. I use it on the "pass" setting and it outputs stereo or 5.1 audio out the SPDIF outout, depending on what the source audio is.