There are the
Gigaworks T20/T40 measured. Not exactly sure of the price, though.
I think software EQ is within the parameters. A computer is a sure way to sort of, kind of drop price, if you consider it a "miscellaneous" expense.
@Vasr How did the computer pre/pro work out?
Working great in daily use. Marginal cost of using the PC which serves as a media player is zero and taking digital out. So SINAD not of any practical relevance.
I did make a change from what I had in my thread which is to move the crossover to a hardware pre/pro and route two channel music via a PW Link box with ARC room correction (optical in - optical out) and get 2.1 downstream. This is a cheap form of HT by-pass.
But multi-channel 7.1 (or 5.2) goes through the EQ on the PC as well as multi-channel SACD playing using foobar2000.
All of the above simplified the routing and so don't need to use Voicemeeter on the PC anymore. It also unifies the remote to just one this way.
One take-away of all of this is that if you remove a lot of the digital processing to a separate box, it is easier to get the rest of the chain cheaper with good performance. Unfortunately, hardware boxes to do a separate digital pre/pro are expensive or require too many boxes that are collectively more expensive. So, nothing can beat the PC in that regard... Unless you want more than 8 channels.
So, a minimal upto 7.1 multi-channel system on the cheap would be PC (EQ, crossover) -> Okto 8 Pro -> Any decent measuring 7/8 channel amp with a sub.
Chasing SINAD and doing it on the cheap are oxymoronic. Anyone who wants to do it on the cheap (or inexpensively) isn't going to chase SINAD beyond threshold of audibility.