It is tough to put an absolute rating on the sound quality of XM. It has some serious problems, but they are unique to highly compressed digital audio with hf reconstruction. Some people don't notice them, while it is nails on a chalkboard to others. Unfortunately I am closer to the later group. My specific issue is what I have been calling "aluminum foil distortion". It occurs above 5 khz, and sounds like the musicians are all playing/singing through suspended sheets of foil. Horns sound like they are using aluminum mutes. I get along with it by dropping the levels above 5 Khz by 6 to 12 db. Why do I tolerate such an obnoxious signal? Because I love the music! Every time I get the bill I have to make the decission whether to drop the silly thing, or keep paying for access to such a wonderful variety of jazz, latin jazz, and classical (although the classical selection is somewhat limited). So far my love of new music has been more compelling than the weak pleas from my wallet.
Disclaimer: I use an XMPCR with a digital output. Results are the same with a variety of DAC and cans or speakers. I had similar results with a Delphi tuner. I have yet to try the latest generation of receiver cans, but one of these days I will be dragging a Grace 901 and a pair of Etys into Frys to try out the digital output of the Polk tuner.
gerG