It's nice that the regular Pioneers are quite a bit cheaper (1122-$599, 1022-$449) than last years models but it does look like they took a little step backwards.
I always recommend the regular Pioneers or the SC series, almost never the VSX Elites. Having said that, I own an Elite VSX-23. But I bought it used for a very good price ($278 shipped) and it matches my BDP-23 and DV-48. My good as new Elite Sc-27 was purchased used a few months ago for $600. I've always though Elites were very nice receivers but way over-priced new. Even the SC series. $599 for the 1122 is a decent price but $399 for the 1121 from Newegg a couple of weeks ago was a very good deal. Just my opinon.