I am amazed by the number of helpful replies this post received. Thank you.
We are thinking about this product, and though I cannot elaborate , the real IP is the 'xxxx' that will be using the hardware (amplifier+dsp) etc and we are going to go and patent the 'xxxx' and the methods of using 'xxx'. In the end, electronic hardware will be duplicated by others and is not the bread and butter of the product