I, too, have not been impressed with the NR algorithm in the K3.  However, with 
the latest firmware 4.51 I have noticed a distinct improvement in the ALC 
action as well as the NB and NR in the K3.  I use both for SSB and CW in 
working DX and find noticeable improvement in S/N.  I use NRmF5-1 most of the 
time with AGC DCY SOFT, AGC HLD 0.20, AGC PLS NOR, AGC SLP 008, and AGC THR 
012.  With these settings in my K3 I have been very happy.  Of course the CW 
Text Decode doesn't work as well as it has in the past, but Wayne and Lyle are 
working on this.  I have own a FT5000 and found it to be a very excellent 
performer.  I, too, think the NR in the FT5000 works better than the K3 but I 
found the 5000 clumsy in other areas and did not like the size, weight and band 
scope in the yaesu rig.  I sold the FT5000 and went back to my K3 and have been 
a happy camper since.  The great thing about Elecraft is that Wayne and the 
crew will continue to make the K3 and the NR better and better and I will be 
able to make the modes and improvements myself and put the radio in my 'Rose' 
case and haul it off to Hawaii every February just in time for the ARRL CW 
World Wide contest.  Best regards, Steve W0SZ 
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