God, yes! Av amps contain fairly poor dacs generally, though av processors tend to be much better. Think about what you're paying for with an av amp like the yamaha. £600 or so buys you 7 channels of fairly powerful amplification, dolby, dts and hdmi licensing as well the chips for processing, a large chassis with a massive array of connections, video scalers, and 8 DACs for 8 channels of sound. So these are going to be pretty cheap DACs compared to standalone stereo DACs with only two channels of sound. At the end of the day you get what you pay for.
Hi ugly ferret
I didn't realise AV amps had '8 DACs for 8 channels of sound'.
I assumed that as you can only use one source at a time only one DAC was used to process the sound as PCM (stereo) through to 7.1 DD DTS etc. depending on the input coding.
Can you provide the make and model number for the AV Amp with 8 DAC's i.e one for each channel?