Here are some other specifics:
The build quality is less than the $300 systems I was looking at. And the subwoofer is less quality as well. The receiver is in a metal case. The speakers appear to be plastic with cloth in the front.
The remote works fine (you must be fairly close and in line however), but I understand it doesn't have recognizable codes for typical universal remote systems, so it does add another remote to your collection.
My area is about 12x13 and I'm sure it would be plenty loud enough for your area.
It has some choices that I haven't used yet. There are 7 modes for listening to music based upon the type of music. There is a "night" mode that reduces the dynamic range by 10db to be kinder to neighbors. There is even a delay capabiility but I don't understand this option.
It supports stereo, Dolby Pro Logic, DD5.1 and something called PCM. You can connect TV Games and video cameras since it has a video in and video out connection. I'm just using it for cable STB (TV audio) and DVD audio.
You will need to buy an optical cable ($20) if you want to use that input. It comes with a coaxial cable.
You can control all the speakers at once or change the speaker volume independently for each (I have the rear on loudest).
That's about all I can think of. I can't argue with lespurgeon at all. But I do get a kick with surround sound and I have solved the problem of needing an audio switch for a low price, and in the digital world.
If your expectations are as modest as the price, I don't think you will be disappointed.