B&K just showed it's first new component in some time.

The 7.1 channel Reference 70 preamp/processor has an onboard Silicon Optix Reon HQV chip in it, ensuring excellent upscaling and deinterlacing of standard definition video feeds. The unit will accept multichannel PCM over HDMI, but unfortunately decoding of Dolby Digital+, Dolby TrueHD and DTS-HD Master Audio is not supported. B&K components offer great performance for audiophiles and home theater buffs alike, at a price point that isn't entry level but won't require a second mortgage.

It's good to see them finally update their aging pre/pro, but the inclusion of lossless codec decoding would have been nice. Perhaps it will be possible for B&K to offer this functionality in a future firmware update. No other details or pricing available at this time.