Welcome to the forum!
I'm a fan of Pioneer receivers, as my past two receivers have been Pioneers and I like them.
You said that you've been watching Newegg - have you seen their sales on the VSX-1021 for $300? They were holding those about every weekend for two-three months, and I wouldn't be surprised if they resurface. I mention it because I don't know if you've compared the two models. The 1121 does have some features that the 1021 doesn't, but only you can say if those are worth an extra $150 to you.