I have now had the SC-07 for over a week. And with this thread already being 189 pages long I am more then late to the party!
I wanted to pair up my 09FD with a Pioneer receiver. I already have good AMP power so I did not really need get the 09 receiver. Plus I wanted to try PQLS over HDMI which the SC-07 has. So without going into a full review I will just say that I have been very impressed with the sound. The past 4 years I have been an Onkyo loyalist and before that Denon. I really like the way the Pioneer performs. I would say the onkyo (latest gen) and Pioneer SC-07 sound more alike than different. Still though, I plan to keep the SC-07 in my set up for awhile until I try another receiver (maybe a new Pioneer) or pre/pro (wish Pioneer would make one) sometime later this year. And today I have a Pioneer Kuro FPJ1 projector coming so I am looking forward to seeing how well the 09FD Blu ray player works with it. Combine those two with the SC-07 and my theater is really looking shiny black! 
Back to the SC-07... I do like the simple menus and I like the parameter button on the remote. It allows me to make changes without having to go into the OSD GUI. There is also a bunch of options there! I won't go into to many details since there has been enough reviews already done on this gen of Pioneer receivers. I am just pointing out my personal tastes. I do wish the crossovers could be done individually. My center usually is set at 60 and I don't have that option with the SC-07. It is truly not the end of the world and I would not consider it a deal breaker. The MCACC is very simple and I think it provided good results. I have been doing the Audyssey set up a lot the past year and a half. The MCACC mics do need to be improved but I was able to still achieve very accurate results using my tripod in my main listening position (pretty much the middle of my theater). I also wish in the future they would allow to do at least 3 readings per setting. Still though, it was much faster then I was used to which worked out good. Also the volume... We are so used to having the absolute setting from the Onkyos so my family is very confused. We usually keep it in the 70s so going back wards takes some getting used to.
Unless there is a way to change it and I just haven't stumbled upon it (or read the manual thoroughly). 
Finally, I am noticing the clarity and the enveloping sound. I put in The Kingdom and you can hear every bullet whipping by and truly feel the suicide bomber's explosion when he detonates. The bass is very disciplined and not to rough on the ears. We also watched Emily Rose (The Exorcism) and when she is overtaken in her bed in her dorm room you can really feel it. The demon scenes through out the movie are very eerie and the sound has terrific clarity. The voices are spot on and have perfect tonality. My Wife loves Vin Deisel. The sound of his deep voice gets her excited (I know- this is a pg13 review) so she is really like the SC-07!
We have also been watching the Supernatural seasons. The first couple are on SD dvd but the SC-07 handles them easily with its many sound options. She is also starting to like Jensen Ackles!
My favorite has always been the Ultra2 Cinema mode. The SC-07 delivers. I also like the sports mode and have listened to some of the Super Bowl using it. I realize those are a matter of tastes and the PLIIx still sounds excellent as well. I have went on longer here than I planned so I will wrap this up again by simply saying again, the SC-07 delivers.
I inlcuded a pic of the SC-07 and 09FD hanging out together...

I wanted to pair up my 09FD with a Pioneer receiver. I already have good AMP power so I did not really need get the 09 receiver. Plus I wanted to try PQLS over HDMI which the SC-07 has. So without going into a full review I will just say that I have been very impressed with the sound. The past 4 years I have been an Onkyo loyalist and before that Denon. I really like the way the Pioneer performs. I would say the onkyo (latest gen) and Pioneer SC-07 sound more alike than different. Still though, I plan to keep the SC-07 in my set up for awhile until I try another receiver (maybe a new Pioneer) or pre/pro (wish Pioneer would make one) sometime later this year. And today I have a Pioneer Kuro FPJ1 projector coming so I am looking forward to seeing how well the 09FD Blu ray player works with it. Combine those two with the SC-07 and my theater is really looking shiny black! 
Back to the SC-07... I do like the simple menus and I like the parameter button on the remote. It allows me to make changes without having to go into the OSD GUI. There is also a bunch of options there! I won't go into to many details since there has been enough reviews already done on this gen of Pioneer receivers. I am just pointing out my personal tastes. I do wish the crossovers could be done individually. My center usually is set at 60 and I don't have that option with the SC-07. It is truly not the end of the world and I would not consider it a deal breaker. The MCACC is very simple and I think it provided good results. I have been doing the Audyssey set up a lot the past year and a half. The MCACC mics do need to be improved but I was able to still achieve very accurate results using my tripod in my main listening position (pretty much the middle of my theater). I also wish in the future they would allow to do at least 3 readings per setting. Still though, it was much faster then I was used to which worked out good. Also the volume... We are so used to having the absolute setting from the Onkyos so my family is very confused. We usually keep it in the 70s so going back wards takes some getting used to.
Unless there is a way to change it and I just haven't stumbled upon it (or read the manual thoroughly). 
Finally, I am noticing the clarity and the enveloping sound. I put in The Kingdom and you can hear every bullet whipping by and truly feel the suicide bomber's explosion when he detonates. The bass is very disciplined and not to rough on the ears. We also watched Emily Rose (The Exorcism) and when she is overtaken in her bed in her dorm room you can really feel it. The demon scenes through out the movie are very eerie and the sound has terrific clarity. The voices are spot on and have perfect tonality. My Wife loves Vin Deisel. The sound of his deep voice gets her excited (I know- this is a pg13 review) so she is really like the SC-07!
We have also been watching the Supernatural seasons. The first couple are on SD dvd but the SC-07 handles them easily with its many sound options. She is also starting to like Jensen Ackles!
My favorite has always been the Ultra2 Cinema mode. The SC-07 delivers. I also like the sports mode and have listened to some of the Super Bowl using it. I realize those are a matter of tastes and the PLIIx still sounds excellent as well. I have went on longer here than I planned so I will wrap this up again by simply saying again, the SC-07 delivers.I inlcuded a pic of the SC-07 and 09FD hanging out together...


























