Denon makes very good, affordable HT receivers as well. Definitely worth an audition.
The AVR-1802 is a bit over your price range (cheapest price about $350 on the web), but the AVR-1602 is available at a number of places for about $275. Both do DPL II as well as the requisite DD and DTS, so that's an added bonus for 2 channel sources.
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