I have several 3BX-DS units and I love them!! I still have a large LP collection and these units help bring life back into them... Also, I still have a good size VHS-Music Video collection and the 3BX-DS works magic on them as well.
My first 3BX-DS was purchased out of the Army/Air Force PX catalog around 1988 while stationed in Alaska. My friend in the barracks an had older 4BX unit that he bought in either Germany or Korea, which was mated with either Yamaha's C60/80 and M60/80 set up. Other than a far cooler looking unit with a far better light display and a remote... I really couldn't hear much of a difference.
During that time, my 3BX-DS was paired with Yamaha's RX-1100 receiver and a year later, the Yamaha CX-1000 and MX-1000.
I had pretty much the whole DBX-DS series of "black boxes" and I only wished that I had the foresight to purchase their 5BX-DS unit.
As for the "Digital Series" name, during the mid 80s, the word "digital" and "computerized" were the catch phrases in the audio/video world.
You really can't go wrong with any DBX units if you are still into vinyl, FM, cassette/R2R tapes, VHS/Beta or even some older first pressings or some "bootlegged" copies of CDs. BTW, I still have 4-5 older DBX units I bought while in Germany around 1983 and they are still going strong!!