Yes, the DAC is ok for the application, but nothing more. I am surprised the amp holds up so well. This is a lot better than we have seen from historical and recent Yamaha amps and AVRs. The left channel has all harmonics < 100 dB. Was the amp driven through analog in or the internal DAC? If it was the internal DAC, the DAC's distortion was in the same ballpark, so the amp would be even better than it appears.
The right channel has HD3 at -92.8 dB, about 11 dB worse than the right channel, but still okish. Does Yamaha still not believe in bias trim pots? For older amps, there was a fixed resistor, and an allowable bias current range that ranged from way too low to about 10x that number which was still low. I bet the right channel is running at much lower bias than the left channel. You might want to check that. There used to be a resistor you could cut if the bias current was below the lower bound of the tolerances.
Power vs. distortion is beautiful in that it almost doesn't increase with frequency. Much better than most class D amps, and even better than most AB amps with Miller compensation. Did Yamaha finally start using two-pole compensation?
Edit: Yes, same old s...: allowable bias range is 0.45 to 45 mA -- madness! This is from the service manual of the A-S801 that @aol said the analog section was based on.
View attachment 489022