Pros: Easy set up, passive HDMI
Cons: nothing so far.
I love this receiver! I bought a Yamaha for a friend's Birthday a few years back and we really love the DSP and the pass-thru Hi-Def video (I tend to avoid S.D. video whenever possible, so I can't comment on any up-conversion tech). This model goes a step further with all those features + passive HDMI; All of my devices are plugged into it; PS3, Xbox, Mac mini, Cable box, I don't even have to turn the thing on to access my stuff! I'm not really concerned about attaching my iPod because my music also resides on my PS3's 320g hdd; however, for some that may be an issue. Yamaha requires a separate dock for 'Pod connectivity; If that's a deal-breaker for you, then look elsewhere. The receiver's on-screen menu is the icing on the cake; a child could navigate it. Overall... I'm more than satisfied.