Sharpest Tongue in the West
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I've recently bought a Yamaha RX V767 for a similar reason to you as I wanted HDMI switching and decoding of the HD sound formats.
I'm really impressed with it actually, especially considering the cost. I like you paid a small fortune for my old recevier about 5 years ago and this one cost less than half the price but is miles better in terms of functions and more importantly the sound quality even on standard 5.1.
If you're not too fussed about power (or rather don't need it to drive your speakers) then there other models with similar spec with lower power rating for less than £300 now I believe.
Last edited by beanoir; 23rd November 2011 at 11:56.