I initially posted this over on another forum, but since some people have asked me for my impressions here, I thought I'd migrate these comments over. This first post occurred late Monday night: Well, I just got done setting up my new Harman/Kardon AVR 320 and did some listening. I still need to let the receiver break-in a little bit, but thought I'd post my initial impressions. I think the AVR 320 is THE cheap receiver that's on the market right now--it'll be in for a scrap once those Sherwoods and Pioneers (and Yammies) come out. For now, I don't think you could spend your money any better. It's possible to get the 320 for $499+shipping right now (I believe J&R will give you this price if you haggle a bit) and I don't think you can spend your money any better. Here are some key features that I really needed/wanted in a receiver that the 320 delivered on: 1. Digital inputs--3 optical, 3 coax (2 can be configured as outputs). 2. DTS-ES discrete and matrix modes. 3. Pre-amp outputs for all channels--the 320 actually has 7.1 outputs. 4. Selectable subwoofer crossover frequency 5. DPLII 6. Component video switching 7. Clean, powerful, detailed and punchy audio reproduction. Well, other than the component video switching which I don't have the need for yet (I have 2 DVD players and will need it when I add a HD receiver), the 320 fulfills on everything I wanted in spades. My out-of-the-box impressions of the sound coming from this receiver is that it is absolutely astonishing: powerful, clear, clean and solid. Bass reproduction seems especially well done--my wife has a very low tolerance for muddy, bloated, "boomy" bass and she was very happy with the rock-solid bass. I will post a more detailed report after more listening, but I just want to say that I love the flexibility that this receiver offers. Individual sources can have their own channel level and surround mode settings, with individual crossover settings for the sub too. The EZset function is also extremely user friendly and pretty accurate too--I only had to adjust it manually by 1db or so.