Hello. I have Heco Aurora 700 speakers with specs:
Sensivity (2.8V/1M) - 92 dB
Impedance - 4-8 Ohms
RMS/Max - 200/300 Watts
Can they be used with PA5/E50 stack? Or I can get some distortion, or even broke these speakers?
The E50 + PA5 stack will work beautifully with these speakers. You'll be able to drive the speakers up to ~107 dB with clean power, which will be
punishingly loud. (
http://www.hometheaterengineering.com/splcalculator.html)
Of course, the PA5 is a desktop amp, and these are tower speakers, so it's not the most convenient combination, but with longer speaker cables, I suppose you could place the amp within arm's reach. Or you could remove the amp's volume control from the signal path by turning it all of the way up (sounds scary, but it's not…all power amplifiers work this way) and use the E50 as a digital preamp. (The E50 has a remote control)
The greatest limitation resulting from using the E50 as a digital preamp is that you have no analog inputs. If USB, COAX S/PDIF, and TOSLINK are all the inputs you need, this stack should work very nicely, in spite of the fact that it's is really all about driving passive nearfield monitors in a desktop setup.
Objective performance of the E50 + PA5 stack will be rather dramatically better than the Yamaha A-S801, but it's difficult to say how audible the differences will be in your room with your speakers. The Yamaha has a bunch of analog inputs, including a phono stage. If you don't need any of that, I think you'd be quite happy with the E50 + PA5.
With the money that you save, you could even add the L50 headphone amp to the stack for late night listening when you don't want to expose your household to
those 107 dB peaks! continuous playback levels up to 107 dB.