Look, this is an economy receiver, not a high end receiver. Because the price is lower, there are going to be compromises. It's not going to have all the features and performance of the more expensive receivers - it can't.
So first, it's not made for large rooms or inefficient or low impedance speakers. It has to be used in the right application. Small room, easy to drive speakers - it's great and has no problem reaching ear shattering sound levels.
The key question is how it performs against the competition at the same price. And it looks to me like Yamaha's intent was to make the best performing receiver at its competitive price point. For example, they gave it more power than the competition. They also put their high end room correction (YPAO RSC multi-point) in it - the competition doesn't do that (and the room correction performs very well at least in a simple, small rectangular room). They put in 8k compatibility - nobody else has done that in an economy receiver.
I wouldn't be surprised if in a few months we find that the review sites comparing this unit to the competition chooses it as a best buy and best performer at its price point. We'll find out.
I haven't seen the video banding issues yet that are reported, maybe they exist at times under certain conditions - but note that I've had expensive, high end AV preamps that had their own issues with certain types of video or certain sources and particular TV's. This is an ongoing problem with most units.
The bottom line, for me, is that this ticks all the boxes for a best performing receiver at its price point. Some may disagree, but I suspect overall that most will end up agreeing with my assessment over time.
It's worth a try with the limitations and compromises in mind. But any other unit at this price (or likely any price) is going to have its own set of strengths and weaknesses, just different. Receivers are like wives, but easier to return.