Yamaha's new RX-V861 1080p upconverting receiver for a grand

Yamaha has announced an upscaling 1080p receiver for just shy of $1000, with many of the features normally reserved for more expensive models, like microphone-based speaker optimization, HDMI output, and XM and iPod compatibility. The RX-V861 will upconvert HDMI, S-Video, or component, and output via HDMI to your display, while accepting audio formats such as DTS-HD or Dolby TrueHD digitally for output over its 7.1 channels. Four preset buttons on the front of the unit allow for quick switching between audio modes, including the seventeen flavors of DSP processing. The optional iPod dock allows for playback of audio and video through the receiver's remote, which also controls XM satellite radio subscriptions. The RX-V861 will be available in May for a suggested retail of $999.95.