As mentioned before, the issue is not about using a pre/pro+separate amp or AVR, but about whether you want to use analog inputs.
If you use analog inputs, then there is no solution for you to achieve 100ish SINAD if you mean >100 dB SINAD. In fact, the AV10 will not do better than the Cinema 40, simply because the bottleneck is not the DAC IC, but the ADC IC in this particular case. You may be able to get close to 95 dB but then I don't recall anyone has measured the pre out SINAD with Audyssey running either. So, we don't know with Audyssey in use, how much will pre out SINAD drop, or whether it would drop at all.
To get closer to 100 dB SINAD, you could try the Anthem AVM90, because it uses a much better ADC IC. Then again, no one has measured it with ARC G running. Also, if you like Audyssey you may be disappointed with ARC G, that is nowhere near as good based on measurements, though subjectively anyone can say anything, so many ARC G users would tell you it is fantastic, some even think it is the best!
As I said before, you are not being 100% clear (I take it you don't use Toslink, but never actually said you would only use analog inputs). If you are, then pre-out SINAD will sink (preamp mode or not), because of the double conversion, and the ADC IC used by Masimo D+M isn't that great to begin with.. I hope it is crystal clear this time. Again, let's be totally clear, pre-amp mode or not is not the issue, using analog input with Audyssey in use is the issue.
Also, if you do plan on using analog inputs, would you share your rationale? You did mention something about "Toslink serve no purpose" to you but why not HDMI?