Nick,
Yes, the processor loop is probably a better solution. If it is a modern integrated amp, the processor loop/HT bypass is designed especially to support this type of setup.
Simply run the R&L pre-outs from the receiver to the processor loop inputs.
When you calibrate the cannel volumes for the "HT setup" (receiver powering center, surround, etc-Integrated amp powing L&R front speakers), simply turn on the Integrated amp and Receiver, select the processor loop input selector on the integrated amp and calibrate all channel volumes using the HT receiver for volume control of all channels.
The processor loop/HT bypass simply sends the inputs directly to the power amp section of your integrated amp. It causes the integrated amp to bypass all pre-amp functions, therefore, your integrated amp works as if it were simply an add on power amp.
This setup works well and is a very inexpensive alternative if you already have a good 2-channel music system.
BTW, the only functional difference between using the processor loop inputs or using an unused line-level input is the fact that you do not have to remember to set the volume control of the integrated amp to a "pre-defined" level each time you want to use HT.
Enjoy,
TIC