Yes, it is a superb deck - I have the 700 II and have just finished servicing/adjusting it - very happy with the quality. It also is a real looker, isn't it? An expensive deck in its time (around $700) with some very advanced features. No Metal tape option (neither has the CT-F1000 of course, which I also own), but Type IV tapes are hard to find anyway now, so unless you have a big type IV collection, this deck will be very rewarding. Yes, it is superior to the Pioneer, I think, although I have a great liking for the CT-F1000, which I hope you will still hold onto!