Yamaha has long held a position at or near the top of the home theater receiver food chain with their well designed powerful amplifiers, rich feature set and excellent sound quality.  Their current model 1080p-compatible upconverting HDMI-switching home theater receiver, the RX-V861 makes an excellent center-piece for a home theater system featuring two 1080p-capable HDMI inputs (version 1.2a) and 3 HD-compatible component video inputs as well as the usual assortment of composite and S-Video connections. It will convert all analog and digital video signals up to HDMI digital output so you'll only need a single HDMI cable between the receiver and your HDTV or projector.

And now it's on clearance on OneCall.com for $399.97 shipped - that's less than half its original list price!

Here's the link:

• Yamaha RX-V861 home Theater Receiver on OneCall.com - While Supplies Last!
  

The receiver features 105 Watts per channel into 7 channels and is XM-Ready (including XM HD Neural Surround support). The receiver is also iPod-friendly via its compatibility with Yamaha's optional  Universal Dock.

While the receiver does not include on-board decoding of Dolby TrueHD and DTS-HD Master Audio, it does fully support multi-channel digital PCM surround sound.  So if you have a Sony PlayStation 3 or other Blu-ray Disc player with on-board decoding of DTS-HD and Dolby TrueHD, this receiver is a perfect match - it will take that lossless multi-channel digital surround sound signal and convert it to amazing analog sound and deliver this to your speakers and subwoofer so you can rock the house! 

Detailed Specifications from the manufacturer:

• Channels: 7
• RMS Output Power (20Hz - 20kHz): 105W x 7
• Total Power (20Hz - 20kHz): 735W
• Dolby Digital EX/ Dolby Pro Logic IIx
• DTS-ES Discrete 6.1
• DTS 96/24 / DTS Neo:6
• Pure Direct
• iPod Compatibility
• Compressed Music Enhancer
• Neural Surround
• XM HD Surround
• XM Satellite Radio-Ready
• HDMI (In/Out) (2 / 1) Ver 1.2a
• Component Video (In/Out) (3 / 1)
• A/V Inputs (S-Video) 5 (All S-Video)
• Digital Inputs/Outputs [O: Optical, C: Coaxial] (O: 4, C: 2 / O: 1)
• Front A/V with Digital Input (S-Video / Optical)
• D/A Conversion 192 kHz / 24 bit
• Surround Programs 17
• Night Listening Enhancer
• Time Base Corrector
• HDMI Up Conversion (Scale to 480p/ 720p/ 1080i)
• Component Video Up Conversion
• S-Video Up Conversion
• Dialogue Lift
• YPAO Calibration/Optimization System (w/Optimizer Microphone)
• On-Screen Display
• Assignable Power Amp
• Zone 2 Speaker Terminals
• Zone 2 Output (Audio Only)
• Zone Power Switching Main/ Zone2 (Front Panel)
• +12V Trigger Output
• IR Ports
• Speaker A, B or A + B
• Selectable Subwoofer Crossover
• Multi-Channel Decoder Inputs 8-Channel
• Pre-Out All Channels
• Learning Remote Capability Preset
• Product Dimensions (W x H x D) 17-1/8 x 6-3/4 x 16-9/16 inches
• Product Weight (lbs.) 28.9