I am new to the world of AV (planning on upgrading my 27" CRT to an HDTV of some kind mid summer) and was wondering if any of these receivers are capable of taking in multiple signals through both HDMI and component, and then outputting the signal to the TV on a single HDMI cable, or if I would need an HDMI cable and a component cable connecting the receiver and TV? I will be connecting a gaming PC (DVI=>HDMI cable) a DVD player (component), cable receiver/DVR (component) and a Wii (component) initially, with plans for replacing the DVD player with an XBox 360 Elite (HDMI) a few months later.
The 605 looks right about in my price range with features I would want, although I could probably find the extra cash to get the 705 if I can get a good deal on it. I am lazy and would love to have my AV cabinet with game systems and DVD player near the couch for easy disk changing, and then have as few cables as possible running up to the TV. Also, if there are any other receivers you think would work better (looking to spend no more than $600, and would prefer to spend less) feel free to toss ideas my way.