This model was discontinued a solid 14+ years ago. I certainly worked with them back in the day, but never as a 2.0 setup. You do want to ensure that your audio is set to 'stereo' so that it isn't trying to introduce surround sound into the setup in any way.
You also want to be sure you are connected to the MAIN->A outputs of the receiver. Not the 'Front' connections as they are different.
It is a beast of an A/V receiver, and should be very solid for stereo audio. No HDMI really makes it near useless today for top shelf surround sound, but a TV with optical audio out would still make this one pretty hard to beat.