Today, I spent 3 hours inviting 3 friends in my family room for a listening test between the X3700H (Pure Direct in ‘Pre-Amp only’ mode) and the preamp (Parasound P6 - perhaps a average preamp. Used with balanced inputs). My A/V rack is in the library, so they could not know whether the receiver or P6 was playing.
My speakers (Focal Electra 1038Be) are reasonably efficient. While I do not have speaker measurements for those, I have for the 1037Be (close enough):
https://www.stereophile.com/content/focal-electra-1037-be-loudspeaker-measurements
It was night and day, I’m afraid. Of course, they could pick out the P6 each time. And they heavily preferred the P6.
It is all about how the higher preamp voltage level (+ balanced inputs) of the P6 could drastically improve the dynamic range, bass slam and provide greater clarity at higher volumes with better peaks.
Notes:
1. With receiver, I always listened at 60-70 dB SPL (volume level in receiver is 35 to about 48). Above that, it does not sound as good. With the P6, I could go higher SPL levels without degradation in quality (& in fact sounded better). Everyone agreed. Then, we played music on both setups at same SPL level (around 70dB where we were sitting).
2. There are tonal differences (but my focus is not on those as there shall always be differences between two very different preamps / receivers). I also shall not compare the differences in soundstage / imaging, etc. With X3700h, high end is more open / clear / ‘bright’ whereas it seems to be relatively rolled off a bit with the P6 (not a bad thing while using Focal / Monitor Audio / B&W speakers)
3. The listeners felt that there was a BIG difference in bass (both the amount and quality of it) with P6 handily beating the x3700h. Very evident in pianos / orchestra music. This is not something I could fix by using Audyssey with x3700h (as my dynamic range reduces for some reason if I don’t use Pure Direct in Preamp only mode). If I were to increase subwoofer level beyond current levels in the receiver, I’d get a boomy sound. As the listening levels were same, the difference is in peaks / dynamic range.
To illustrate #3 above, in Qobuz, go to the PS Audio Reference Playlist. Played ‘The Train Song’ (Holly Cole Trio / Temptation). With the x3700h, my friends wondered why this is supposed to be a reference recording as it seemed both thin and muddy at the same time. With the P6, they understood why that’s a great track. Then, from the same playlist, play ‘The Firebird (L’oiseau de feu) - Suite 1919: Infernal Dance of King Kaschei’ (Myung-Whun Chung / Bastille Opera Orchestra). The difference in bass slam was huge.
So, in short, the biggest difference they felt were (1) better clarity / dynamic range at higher listening levels, and (2) better bass.
Perhaps, you have much more efficient speakers than I do.
Set up details:
Room: 20x20x9 with it being open in part of the back to foyer / living room. No bass treatments (other than rugs ‘ ‘absorbent sofas’). Speaker front was about 3 ft from back wall and 5 ft from side walls. The four of us sat in a 3-seater couch about 12 ft away. Speakers were 9ft from each other.
Tidal HiFi & Qobuz Studio Premier through Roon —> Ethernet cable to router —-> Chromecast Audio —> IFI iPurifier 2 (SPDIF version)—-> Toslink input into EITHER X3700h (Pure direct in Preamp only mode) OR P6 (balanced inputs, bypass tone control circuitry) —> Parasound A21 —> Focal Electra 1038Be & Twin subs (Martin Logan Dynamo 1000W) [subs were fed by receiver / P6; crossover = 60Hz with x3700h and 60Hz with P6 for the 1st hour and 50Hz (same frequency used for HPF for mains) with P6 for the remainder of the time]. All interconnects and speaker cables were from Blue Jeans Cable.