hv9200;
You may want to consider a more incremental upgrade process similar to what I've done. Earlier in the year I wanted to upgrade my Denon AVR-3803 to a receiver with slighty newer features, yet still maintain most of what I liked in my existing receiver. As I was using it mainly as a pre/pro, the amp section was secondary in my selection process, however it still was important for value reasons and frankly, most well built mid-level receivers (Denon, Yamaha, Onkyo, HK, Pioneer) are fairly comparable with their built-in amps.
As such, I considered a few receiver options, HDMI was not one of the more important features as the most prevalent 1.1 format during my research (and is still the more common format now besides brand new models) showed quite a bit of compatibility inconsistency, therefore I focused mainly on feature set, specifications, amp section and lots of reviews of user and reviewer feedback, as well as my own demos.
When it came down to purchase time, my budget, wants and needs came to two conclusions: the Denon AVR-3805 and Yamaha RX-V2500. From all the research I'd performed on these two, they were more often referred to as almost identical in features and performance. As I'd owned a couple of Denon receivers, I leaned in this direction initially. However, after doing some pricing, I found the 2500 approximately $150 cheaper than the Denon, so I thought I'd give it a shot.
Having owned the 2500 for a little less than a year, I can honestly say I'm more than happy with it's performance. While it's a few models back (current version is 2700, I believe), it has all of the features I needed and being not the latest and greatest, the price was much more attainable.
If HDMI is a nicety for you, I would consider a 2500 if you can find one. I've seen some new units come up for sale under the $500 price point, also some refurbished units for even less... -TD