That's a nice receiver, but it doesn't decode the latest formats (not that it even matters with the PS3 since it only outputs LPCM). But, he listed that as one of his requirements. I'd consider the yet to be released Sherwood Newcastle R-972 or one of the Integra receivers/separates. I'd check out all the threads on the Onkyo receivers before jumping at one of them... they have had lots of problems. Some have been fixed with firmware updates. I also believe they have a new line coming out soon (706, 806, 906). The benefit of teh S/N receiver is it has the Trinnov Optimizer built in. The stand alone unit costs $13,000. This is supposed to be like Audyssey PRO on steroids... much, much better. You can dial in your own house curve, account for acoustics, re-orientate the spacial location of your speakers to recording standards. Pretty cool stuff.