I like it a lot. I'd buy it again. At a stereet price of about $700(don't be tricked into paying more) I can't imagine what you could get that would be as good.
Since the other guy reviewed it fairly thoroughly, I'm going to go over the caveats. they are nit-picky but, as a potential owner, you'll want to know about them.

1. The subwoofer out is full range instead of 80Hz as in some other brands/models. I ended up using an active crossover.

2. The Amp/preamp are not discrete (well, of course they aren't) and there is no external-in. (i.e. canonly add an AC-3 processor - which it does have inputs for.)

3. I find the remote not very well laid out. Also, the multi-brand aspect of it could be better.

Well, I reviewed my B&W 602's so I guess I should also give a review of my newly bought Denon AVR 2600. I bought this receiver at $700 mail order and I know that you could probably get it for even less if you shop around, mind you that they are all authorized dealers. Well, like my B&W's, I compared these to similarly priced competitors such as Yamaha, Harmon Kardon, Onkyo, and Pioneer. From test results I narrowed it down to the Yamaha and Denon, becuase they offered the overall best quality of what I wanted in a reciever; good amplification, good reception of radio stations, easy to use controls, flexibility between other components and most of all AC3 ready.
The Denon can pump 100 watts to all three channels in the front(120 if just used in stereo mode), with 25 watts being sent to the rears. It also has an output for a subwoofer. There are a multitude of audio and video ports, as well as S-Video connections. It also had an incredible amount of controls. Although you need a T.V. to setup most of them. The controls had a wide range of options, you have access to controls that far exceed what anyone can put on an L.E.D. display. Just as a brief synopsis, you can control all of the 14 surround and DSP modes. Each being customizable on the amount of volume each speaker will emit. The controls also allow you to set the room size, varying from small to very large and many in betweens. You can also change the amount of delay effects in the Dolby Surround mode. There are so many options and controls, as well as different displays of those controls that I can't say enough without writing a book on it.
The Denon AVR 2600 also features some nifty audio enhancing modes like the A.V.S.E, which amplifies the bass on any speaker, a cinema mode which increases the vocals in the movie, and a very useful phatom mode for those of you without center channel speakers. The system uses discrete circuitry and has a functional learning remote that can control almost any part of your AV system.
With all these features, we havn't yet discussed the output of this system. In fact the best part of this receiver is the sheer amount of energy they can make a speaker produce. I hooked up my B&W's to a friends Harmon Kardon AVR 25II and this Denon blew it away. The sound just became more and more richer upon comparison. The bass difference was tremendous as well as the high freqeuency sounds. Although I am not faulting the HK, I just feel that the Denon was better. With this Denon, I was not afraid to crank the volume up at all. I was able to crank my B&W's so loud and clear sounding that I could have sworn these speakers were THX certified :)
Anyways, if you are looking for a good receiver in the $700 price range Denon is definitely worth looking at. It rivals any high quality, low end amp component system. As for the comparison to Yamaha, I don't want to start a war here, so I'll admit that Yamaha's are good too. Though the comment about the impressive DSP soundfields in Yamaha's as well as any DSP's are very overated. Most of the time the effects seem unattural and soon become tiresome, a novelty but not a mainstay. As for the comment in another post here in this receiver review line up, Denon does use Yamaha DSP chips, but to make an analogy Packard Bell uses Intel chips, and as everyone knows their computers suck. It is not what's in the box, but rather how the box is made.
L8r...

The Denon is, hands down, the best receiver for the money. If you're interested in MUSIC... the 5-ch stereo is AMAZING! The surround capabilites of the unit aren't nearly as good as Yamaha's, but just add an external DDP (like Yamaha's) and you have amazing sound. The amp doesn't even break a sweat, even with 4 ohm front and full range 5-channels. THE AVSE option adds just an amazing punch to music that doesn't "cloud" the full range of sound. It does have the full range of inputs and so forth, hard to find for the money as well.
I tried a Yamaha RXV-2090 at the same time (using a speaker switch)... and the Denon literally killed it, for accuracy and muscle and convenience.

For those not interested in all that surround BS (for just audio).. this is the perfect choice. if you like movies and surround... just add an external processor and you're set with one of the best systems around!

This A/V receiver is nothing short of spectacular!First, my brother bought this receiver for $800 and it was worth every
penny. It uses a high-current design which lends more dynamic headroom
to the amplification of the pre-amp signal. When a loud impact or
highly dynamic section of sound is played, you can definitely hear the
difference between the Denon AVR2600 and its competetion. Gives off the
same benefits as a THX rated receiver in it's amplification.

Also, for a $700-$800 dollar receiver, it offers S-Video inputs. Not many
receivers in this price range offer S-Video inputs (none that I've seen).

The Dolby-Pro-Logic decoding is very good. It is so good, you may not
want to go to the theater to watch movies anymore. Home videos are
starting to look more appealing now.

The A.V.S.E. bass boost does not hurt music reproduction in the upper-bass,
or lower mid-range. Most bass boosts I've heard on other receivers muddy
up the clarity of vocals, but not on the Denon AVR2600. Any bass boost will
sound a bit boomy to a discerning ear, but on the whole it is not
too noticable. It actually (in my opinion) adds to the drama of the music
that I listen to. The impact of drums do not suffer because of the way it
handles the bass boost (very subtle) and the amplification reproduces the
increased bass tone without any audible distortion. The result is pure bass heaven. Most audiophiles won't appreciate it, but I never said I was an audiophile.

I do appreciate clarity though, and the Denon delivers it without breaking a sweat. Go ahead, turn up the volume. That Maxell logo will start to creap
into your mind. Be forewarned! The Denon AVR2600 will reveal any sonic
imperfections in your CD collection. CDs that used to sound fine, now
come across with all the weaknesses glaring out, BUT when a really well
recorded CD or is played (ooooooo) it sounds good!

The highest rating! 5 Stars.

Denon is ripping themselves off by not selling this receiver for $2,000.
I've listened to a THX rated Marantz receiver that couldn't pull off what
this receiver can do with music reproduction. This receiver is probably
right on level with some audiophile equipment costing around $3,000.
A great set of speakers aren't necessary, but will do this receiver
justice. This receiver will make even mid-fi speakers sound good.

Timothy

25W rears

This was my first and present receiver, bought it way back May'97,and i'm not thinking of upgrading yet cause i really like it a lot.Great for listening to music, very powerful amp IMHO,never had the need to turn the volume up at 1/3 mark. i like the 5 channel stereo as well as the AVSE when watching movies.It would have ben better if the rears were the same as the fronts.