The Parasound unit doesn't even do HDMI 1.3, I think that pretty much says it all right there. There are obvious differences.
So you are compairing a new unit that just came out with HDMI 1.3 to a older parasound? The halcro was proven to use the same OEM platform as the parasound.
Audio DSP: Motorola DSP56367Audio DAC: ASAHI KASEI AK4395 The HDMI also has an Audio DSP: Motorola DSP56371
The SSP-100 ran a Motorola DSP56371 so you might want to see what they are running now.