Currently running crappy Onkyo HTIB speakers, soon to be replaced with Klipsch Reference RF 82II fronts, RC 62II center, and RB 41II surround and front high. 50w is plenty of power for those speakers.
I also came across the Marantz NR1601 for $350, which appears to be the 1602 minus internet connectivity, which isn't a big deal for me.