Please note that I work with NuFORCE on Products and also with their US Dealers.
That said, I have the P-20 in my dedicated 2 channel system, and have directly compared it to my past Bryston BP-26 and to NO Preamp running direct from the DAC-9 into the amps.
It is hands down better that either of those, and to my ears, better than any Preamp I have heard.
It does ALL the standard thing the GREATEST Pre's do like incredible detail, super dynamics, spectacular frequency balance, and excellent midrange. However it also does a few extra's that set it apart.
3-D Imaging: I am BIG on imaging. I like life-sized performers set in 3-D space or sonic holograms. The P-20 does this better than any Preamp I have heard
Depth: Compared to the P-20, everything else I have used or heard is "FLAT-FLAT FLAT". The very first thing I noticed was the perception of sonic depth.
Soundstage: In general all my other preamps or NO preamps had good soundstage, but it seems the P-20 with its depth also adds some height and width, for a far more realistic presentation
Liquidity: And finally, somehow, someway, the P-20 is able to offer a more liquid presentation without losing any of the micro-detail of the frequency spectrum. Detail, dynamics, impact and decay are all presented without edgy sharpness of some.