I agree with
@popej, with analog volume control you can get away with much poorer dynamic range. This makes the ASR dynamic range test for AVRs a bit misleading and is why you don't have tons of people with AVRs complaining about hiss, despite poor dynamic range measurements.
Personally I like to think in terms of absolute noise level in uV, for me I want it to be in the low-100s or better based on the listening tests / measurements I completed here ->
https://www.audiosciencereview.com/...na-with-topping-performance.24768/post-850138.
Let's take a quick example comparing a 120 dB @ 4 V dynamic range DAC with digital volume control vs 100 dB @ 4 V dynamic range DAC with a perfect analog volume control, looking at -25 dB listening level for both in to a 100 dB @ 5 W in to 4 ohm dynamic range amplifier with 26 dB gain and 50 uV residual noise.
Digital Volume Control
DAC noise = 4 x 10 ^ (-120/20) x 10^6 = 4 uV
amplified DAC noise = 4 uV x 10^(26/20) = 80 uV
amp noise = 50 uV
total noise = sqrt (50^2 + 80^2) = 94 uV, this will be the same regardless of attenuation due to the digital volume control
Analog Volume Control
DAC noise = 4 x 10^(-100/20) x 10^6 = 40 uV
attenuated DAC noise = 40 x 10^(-25/20) = 2.2 uV
amplified DAC noise (after attenuation) = 2.2 uV x 10^(26/20) = 45 uV
amp noise = 50 uV
total noise = sqrt (50^2 + 45^2) = 67 uV
Michael