It's far superior, but may not be necessary for the use. It offers HDMI with audio decoding, how cool is that at this price?

But from what I understand, the OP is only doing stereo with this receiver. The OP could just as well get an Insignia Stereo receiver from Best Buy (it's made by Sherwood anyway) for less than $100 and just be done with it. The thing that sucks about it, it only has 4 audio inputs (one of which is a phono input), so it isn't very flexible.