I also still run my Yamaha RX-V3300 fed via the analog outputs of my Oppo BDP-83SE . The RX-V3300 has extremely quiet and clean 130W RMS 20Hz-20KHz All 6 channels driven at .02% THD . Compared to a new Denon AVR5308ci which has 150W at .05% THD with at 1KHz you see the quality of the sound from old Yamaha Receiver. Not comparable to new high end separates costing in the thousands, but its an 8 year old product I specifically keep because of its audio performance. HDMI audio does nothing for my ears compared to RX-V3300 , particularly when running off the 2 channel stereo outputs from the BDP83SE.
With respect to video, why involve a receiver in the HDMI video signal path between a high end Blu-Ray player and my Pioneer Kuro 60" Plasma. Even the new Oppo BDP-93 and BDP-95 have separate HDMI connections for audio and video because mixing the two doesn't make sense if quality is the guiding factor.
Instead of a new AV receiver, I'm saving up for my B&W 803 Diamond Series Speakers that will really make an audible difference.
South Florida is my Theater
Listen to live music and recreate it at home.