I am just beginning to setup a system in my home and looking for some advice as I am new to this. My main focus, is to purchase a receiver on a budget ($300-$400), but I am not sure what features are most important to look for. I did a little research and I would like to be able to have only one HDMI cable running to my television. I think that means I want something that can do HDMI switching? I would also like one that can do upscaling/upconverting of lower resolution inputs to 1080p. The equipment I currently have and plan to hook up:
Sony 40VKDL2500 LCD TV
Comcast HD DVR Cable Box (HDMI output)
Toshiba HD-A3 HD DVD Player (Component Output)
Nintendo Wii
Old Xbox
I also have some old speakers and a subwoofer which I plan to use for now. Those are a Sony SA-WMS230 subwoofer, a Sony SS-CN230 Center channel, and 4 Sony SS-V230 speakers. I know they are pretty old and not very good, but that's what I have for now. I will be purchasing a Bluray player about the same time as the receiver, so that would require another HDMI input port.
Does anyone have any advice, and possibly some suggestions of receivers to look for that would meet my needs, provide for a little bit of future growth, and work well for someone is new to the a/v world? Thanks in advance for your help.