As a follow up to the above responses, my audio sounds fine on the bike speakers from all sources (sure it's not the best thing I've ever heard, but it's clear and of reasonable quality), but when using the BT headset, the FM signal sounds very degraded (almost like static, or low quality internet radio). Satellite, and USB sound about like they do through the bike speakers. I've played with bass and treble settings to no avail. I'll see what happens with the loudness setting when I get a chance. My cell phone also sounds just fine on the headset as well. BTW, all this testing has been done with the bike sitting still with the engine off, so no wind noise etc. is being considered.
I'm just looking to see if this is something common, or if I should make the trek back to the dealer for a warranty claim.