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I am tempted to go for the 4700 but what's holding me back is the Dirac live option that the 3800 offers.
A lot of people mention "it has Dirac" as a plus for 3800. As far as I can see, the 3800 does not offer any 'Diracs' whatsoever. They do not even have any.
Judging by the promised timeline (2023-24), the D&M's development did not even start (or it's in super-early stages). A lot might go wrong as it already did for ~all companies that tried Dirac: most had huge delays, some only offer minimal features, some failed completely. And the most advanced version, the so-called "dirac spatial" is not even finished by Dirac themselves.
All we have right now is a textbook example of vaporware.
Even if delivered, it'll probably be a not-so-good first version in this D&M generation.
And assuming (very generously) that all the above will miraculously work, Dirac will still cost >$500 extra (don't forget that you must buy an extra Dirac calibrated mic).
So, no 'real Diracs' are offered, it's only a promise that you might be able to buy some next year .. or the year after ... or maybe not.
If you plan to keep that AVR for 5+ years, the 3800 may make some sense (with the many caveats/risks above).
The 'upgraded' 4700 does not make much sense IMO. Unless budget is by far your no1 prio.
I would buy an 'original' 4700 with AKM chips.
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