It's hard to say. I don't think I was as blown out of the water with my pre-amp when I got it as with the power amp, it may be though that Arcam was strangling it's capabilities a little. However, I've just looked back on my review of the NOH and I said....errm..... "Certainly the biggest since I got my DAC64" :shame: :D On balance, I'd have to say that they were probably an equal improvment but the combination of the two was greater than the sum of the parts so the power, being the final link in the chain gave the impression of a bigger improvement. I'm now fully balanced from source to power amp aswell which possibly has helped. Michael.