There's a bit of risk in refurbs for the savings but A4L was good to deal with when I had some bad Denon refurbs (a Denon issue). If you don't mind the potential of a return you can get a better avr and many have had no issues at all with refurbs, too. Usually a shorter warranty but they sell extended warranties and even your credit card can extend the refurb warranty (mine did altho didn't come into play, the refurbs were issues on initial setup with one and a few days beyond 30 days with the second, and A4L still helped out, but I did go new from them at that point as setting up the system, tearing it down and inserting my old avr and recalibrating twice got old....).