I've never used Audyssey or similar systems to configure a receiver for speaker setup. But in the next few months I will be setting up my living room with a new TV and sound system in 3.1. Looking at receivers reviews, etc I see forums about versions of Audyssey and the like compared and how much they can (or can't) help with sound setup in a room.
My living room is 12x20, with tv and speakers on one end of the room lengthwise, huge window on one wall, and all the other regular living room things. I'm not messing around with full surround in this room but I like 3.1 because it still gives me a lot of play for pulling dialog out of way-too-loud effects and such.
I assume that Audyssey would be useful since it doesn't just help with speaker levels and distance but also the EQ (if I read correctly). Is this a feature I should consider when looking at receivers? Is it over hyped? Or should I just set a few basic settings manually and not concern myself with it?