If video switching is high on your priority list then the AVR would be a no-brainer. My take was that you were more concerned with sound.
As for video switching, it's no sin to use your TV to select your video source and run the corrosponding hi glitz audio to the AVR and use that for audio selection. Also, the fewer steps the video passes through, the better off you are. And, pass-through is not as perfect as many want to believe, although I do believe it has improved.
This is how I run my setup and it also offers the advantage not not being forced to run the audio through the AVR 100% of the time and use the TV's internal sound with good ole red/white analog audio at other times.
I find that most TV watching, a fancy 5.1 audio system offers no real advantage, like with the news, most other TV shows, and the kiddie videos the grandkids want to watch, over and over.