I have a receiver w/3 component inputs and I just got a Zektor component video switch w/digital audio (coax/toslink) switch box.
Much cheaper than say, a Denon 5805, and it gives me the connectivity I need for my PS2, OTA HDTV, HD cable, and 2 DVD players.
That was about the best I could come up with that was both IR driven and included coax and optical digital connections.