Sure. The products with newer tech offer sonic advantages (as well as video upscaling capabilities, often) that you just wont' get with older receivers. And, because we're talking about "receivers", it's not like you're going to be getting super separates like performance in terms of dynamics, and refinement in the preamp and amp sections of the piece you likely get. So, yes, I'd be looking at, the very least, something with the Audyssey room correction, possibly video upscaling and component switching (if not HDMI), and maybe some newer HD-Dolby and DTS master decoding possibilities. But, only piece right now that does that for your price range, new is the Onkyo 605.
Denon is a no loose solid sounding product, but you'll pay a bit more to enter the arena of HD digital movie processing. Good luck
Denon is a no loose solid sounding product, but you'll pay a bit more to enter the arena of HD digital movie processing. Good luck