Sherwood NewCastle R-865 AV ReceiverSOLDOne of the best bargains in the Sherwood NewCastle line.
I have used it as a DEMO receiver since it has the "exact" preamp section and most all of the functions of the R-965 and P-965. It does have less "inputs".
It has a rather extensive feature set, and a high quality 2 channel section for those who's systems perform "double duty".

Features 110 Watts per Channel from 20 Hz-20 kHz in Stereo Mode, 8 ohms, with <0.02% THD
110 Watts per Channel x 7 in Surround Mode
DTS-ES Discrete and Matrix
DTS-96/24
DTS NEO-6 Movie and Music
Dolby Digital EX
Dolby Pro Logic IIx adjustable for Movie, Music, Matrix, Emulated + Parameter Control
Dolby Headphone Layers 1, 2, 3
Automatic Format Detection
192 kHz 24-bit DAC's for all channels
Dolby Virtual Speaker
Pure Analog Mode for Analog Inputs
Pure Digital Mode for Digital Inputs
Bass Management for 8 channel Analog input
Crossover frequency selectable at 40 Hz-120 Hz in 20 Hz increments
Operating System is software upgradeable via RS-232
Universal Video upconverts composite and S-Video to Component Video
Discrete On/Off IR codes
3 Optical and 2 Co-ax Digital Inputs
Digital Output
A/V Synch Delay
Automatic Speaker Set-up
On Screen Display (available from all video outputs)
8-unit Preprogrammed Remote Control with LCD Screen
Programmable Audio/Video Input Labeling
24-Bit CS-49400 Crystal Processor
12 DSP Modes
7.1 channel direct input
8 Pre-Amp Outputs (Left, Center, Right, L Surround, L Rear Center Surround, R Rear Center Surround, R Surround, Subwoofer)
Room 2 A/V Output with fixed/variable audio level
Rear Center amps assignable to Room-2 feed
Rear Panel Room-2 IR control input
Dedicated Room 2 Remote
2 Independent Video Record Out Selectors
12-Volt Trigger
2 HDTV-Ready Component Video Inputs switched by relays for unlimited bandwidth
Component Video Output
3 Rear Panel Audio/Video Inputs
4 Audio Inputs
Front Panel A/V Input Including
S-Video and Optical Digital
Cinema EQ
Tone Defeat
Channel Level Memory
10-step Dynamic Range Control
Totally Discrete Amplifier Stage (TDAS)
Heavy Duty Speaker Binding Posts
4 Gang Quartz PLL Synthesized Digital Tuning Direct Frequency Input
Preset Scan
Station Naming
30 Station Presets
Digi-Link III
24K Gold In/Out Jacks
Sleep Timer
Aluminum Front Panel
Retail was $1499
Looking for $799 (plus shipping)