CZ Eddie - sorry just checked back in here after a while.
A few reasons:
1) I had seen the review on the 6070 (same unit as 7070 on the inside), with the very solid poer numbers.
2) I got to play with the two of them for a bit, 7070 sound was as good or better than 912 for the bad comparison situation I was in.
3) 7070 appeared to have more solid build.
4) I have had Pioneer consumer gear, and never been overly impressed. (I've never had Elite, but think I would rather like it)
5) No intent of using component switching (I'm a striaght cable kind of guy).
6) Don't use HT for serious music listening (have seperate stereo in other room) so I didn't really consider music.
7) Last (and rather least) THX options.
It was kind of a toss-up.