A couple thoughts...By setting a high pass filter on your AVR, obviously the potential exists to greatly reduce the demands on the AVR's built in amplifiers. That said, there are no guarantees as to how much demand is reduced. Peaks can occur at any given time well above the typical subwoofer XO range, so you can't necessarily skimp on power just because you're using a sub.
The big benefit is to the speakers themselves, as reproducing 100dB at 60Hz requires one to move 4x more air than 100dB at 120Hz.