Okay, so here's how it goes with the S3...
When left in HDMI input, the S3 will turn on and turn off on its own based on signals from ARC/CEC. This is fantastic, and already beats Eversolo completely. Volume control via CEC also works fine.
When left in a different input, such as AirPlay, the S3 ignores all signals from ARC/CEC. This is a satisfactory arrangement. For many people, the ARC functionality is something they only want to use occasionally, and this prevents ARC signals from being overly possessive of the S3 (some WiiM Ultra owners complain about this, although there is a switch to disable CEC takeover when other inputs are selected).
If the TV is being watched but another input is in use (such as AirPlay) and the S3 is switched back to HDMI input, it will pick back up on the ARC audio and function fine including volume control and power control.
I also tested automatic power-on with AirPlay. So if S3 is turned off, when I look in output device list in Apple Music on my iPhone, S3 is there. Tapping on it wakes the S3 and any devices attached via 12V trigger. Please note I tested S3 using Ethernet connection--I am not sure if this works over Wi-Fi, I don't feel like programming my Wi-Fi information into the S3 yet.
Initial setup is extremely quick and basic. It comes with a remote, but I don't personally see much use for the remote for my own purposes of this thing since all I want is basically an ARC processing device.
Anything else people want me to test or try while I have it? I am not yet sure I will keep it--I might just keep the ZD3 instead which I am about to test.
-Ed