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Friends I have done searches but there is so much info on this site. I'm having a hard time narrowing down what I need.

Trying to a get something up and running asap on a very limited budget. Family coming over for Christmas. Plan on upgrading to the really good stuff later.

My theater room:
Dedicated room in basement with no windows, 20.5 x 18.5 8' ceiling
7 / 8" holes already cut in ceiling already wired.
Has a separate rack room with door.

Saw some nice older receivers (usually no HDMI) on craigslist. Set to pick up HTR-5960 tomorrow for ~$120.

Good idea?

I know there are a lot of post similar to this and I am researching but I'm short on time.

Thanks so much.