I'm in the market for a receiver for my theater room I'm building. I have an Oppo 970 and Optoma HD70, but no sound system yet. I'm leaning toward an AVS123 set up with an SVS or HSU sub.
For my receiver I'm not sure I need HDMI. I need to keep in the $500 range for budget but could go to $600 if pressed. I can buy a receiver that upconverts everything to component and still have an HD signal (faux HD I guess, same as HDMI) couldn't I? This should save me money on a receiver shouldn't it? I can run my DVD directly to the HD70 with an HDMI cable and use the receiver for all my component connections, sat -- tuner, Xbox. I have the cables already ran to the projector from the receiver location.
I guess the question is, should I spend more for an upconverting HDMI receiver or will an upconverting component work as well?
Thanks.