I wouldn't give up on the API yet. First, noone knows how this new Neve preamp sounds yet. Personally, I am sure it will sound great, but as of yet I have no idea which flavor of preamp this will be. If it is inline with the Focusrite ISA or Amek lines, it will be more of a fast, fairly clean sound. If its more of the classic Neve 1073 sound it will be smooth and fat (almost too fat ). If it is the 1073 sound than the price seems pretty good. If it is designed more along the lines of the Focusrite or the Amek, than that is the same price that they already were, although the others may offer more features at that price. Personally, I am still very interested to hear it and see what it really does and doesn't do well. It could be a great bargain, or just another preamp in that price range that sounds like so many of the others. Either way, I don't see it being a bad deal at that price, just maybe not quite as special as some people want to make it out to be.