John-
Based on your very helpful comments, I did some more looking around. The closest I could come to determining if the SA-XR70 supports HDMI phase II is the following article, which isn't clear:
http://www.audioasylum.com/forums/amp/messages/36713.htmIt's August release just barely takes it into the second half of next year...
I did find out, however, that HDMI is supposed to support "content protection." This was listed as the reason for the broad industry support of HDMI, but no details were given regarding the actual method.
Bubba96 -
I'd be interested in hearing what you learn on Friday. HDMI is sounding a bit open ended at the moment!
Rob -
I'm not sure of HDMI's compatability either, but I figured that someone around here would be!

As for DVD-A vs. SACD, I'm not going to sweat it enough right now to go looking for really high-end players... blue-ray will be here in the not-to-distant future, so I'd have to upgrade then anyway. As it is, I only plan set up 2 speakers initially. I was just looking to keep the upstream components as flexible as possible from the start.
Thanks to all for the answers!
-Brian