Power ratings on receivers generally add up to comeplete bunk. You really DO have to do some research before you buy. I'm still learning all the in's and out's myself.
Couple things I have learned so far; and, again, this is a "beginners view", so if I get something wrong, gang, feel free to correct me (my feelings won't be hurt!
).
One good indicator to look for in a quality receiver is total harmonic distortion (THD). Generally, you want that number to be around .07%-.08%. Another number is RMS power output. Many low-end recievers advertise 1000 watts of power
They do that by only rating at one frequency with one channel driven, instead of all 5 or 7 channels (think funnelling a garden hose through a drinking straw.....lot of water power there...just not very useful!). Look for something that rates it's power over a frequency range (usually 20Hz-20KHz) and see how many channels are being driven at that rating. You'll find that 55-75 watts per channel (i.e. 55x5=275 watts RMS)out of a quality receiver is usually more than enough for an average room.
Lastly, you will rarely melt your speakers by "over-powering" them. It's
underpowering them at high volumes that can cause the damage. The speakers draw what power they need from the amp. At regular listening volumes that's often not more than a couple watts per channel. However, when you get to cranking and the speakers are trying to draw power that isn't there (for the various reasons listed above), your amp will start to clip (think car engine banging against it's rev limiter)...that's what will melt down your speakers.
Anyway....those are just some thoughts to start you on the path to learning this stuff. It's a fun hobby (and a little pricey sometimes
). Enjoy!