I still have the Pioneer CLD-V720 Karaoke machine I bought for about $1K setup in my home and will likely keep it. With that said, I have been waiting to buy a Karaoke machine in this century! :) If you been into Karaoke, Pioneer is the best when it all started, mics, sound and a huge library of music video to choose from. Without a doubt, the Ikarao Beat X1 is the best in the market IMHO currently! It doesn’t have the nice videos like Pioneer Karaoke, but everything is better ie. mics, easy setup, custom sound setup for the mics, portable, inputs for wired mics or plug in your guitar, sound quality, Bluetooth, battery operated and ability to Karaoke offline. Two of my adult kids play the electric guitar, I can't wait for them to plug in and play while karaoking. The price point currently at $550 from $700 retail, it is the best value model for your money! I'm really impressed with this machine, I am not easily impressed by other Karaoke machines since I have the best Pioneer Karaoke machine that my family still use. This one is a solid, well engineered machine. I even bought the travel case, mic and Karaoke stand at Ikarao.com because I expect to use at family events outside wherever we party! Is it prefect, obviously not but for the $550.00 not a bad machine for money!