phantom, i was hoping to keep it around $500 - but even taking advantage of lower prices since the new models are starting to come out, I know that maybe was hoping too much
The one that kmike linked to will do what you want. There is also the 807 which is a little more. The 3310 that jdsmoothie mentioned is the best all-around buy at this time IMO. It has a better video processor if thats important to you. You may also want to consider the Onkyo RC180 that's the little brother to the 807 and is less cost wise. The Onkyo's can also be purchased for less as refurb units from accessories4less. If you mind that route then the RC180 is an excellent buy. You do however give up 1 year of warranty going the refurb route. There's a member here in the 807 thread that just received his RC180 from accessories4less and stated that to him it looked like a brand new unit. Visit that thread and see if its something that may interest you.
Here's the stair stepped choices of the receivers from Onkyo and Denon that will do what you want, priced low to higher. These are the lowest end of receivers with pre-outs. As mentioned, the 3310 is the best bang for the buck....if you want to spend more! http://www.amazon.com/Onkyo-TX-SR707...7928359&sr=8-2