I am sorry. The wording was wrong. I love the Onkyo sound. The difference in pre-amps is profound. The P-308 is older, has tone controls but does sound great w/the M-508. The 388F has a mutistage, fully balanced circuit topology from input to output to reduce noise and improve dynamic contrasts. It also has separate balanced and unbalanced input selectors for a pure, direct signal path, gold plated rca jacks, independant l/r-channel ouput attenuators and a lot more. I belive it was Onkyos statement pre-amp.
The 388F does not have tone controls-only a volume control, so the people who like to adjust thier music would have to use a eq.
I am curious as to how it would sound with the amp it was made for - The M588F.