Harman Kardon AVR-1600 7.1 Receiver

Harman Kardon is a home audio manufacturer that started up in the 1950's.  Since then they've been engineering mid to high end Audio Equipment including JBL products.  JBL was acquired by Harman Kardon some time ago and as a result their speakers are developed by the same group of companies.

Anyways, this is the entry level of this line of Harman Kardon AVR Receivers.

Harman Kardon AVR-1600 7.1 Receiver

All these HK receivers essentially look the same from the front.  It is a smooth look that can compliment a modern look.  This receiver is a cheap entry level receiver that will provide you with pure power ratings. (If you need more information on power ratings check here)
Heres some of it's valuable features:
3x HDMI Deep Color Inputs with Repeater Technology.  It has a high-bandwidth processor capable of switching and transferring up to (3) 1080p Deep Color HD video through the HDMI 1080p output. HDMI supports standard, enhanced, or high-definition video, plus multi-channel digital audio on a single cable.  Unfortunately, it has no up-conversion capabilities (just passthrough)
Cirrus CS 49700 32-Bit DSP Processor
The Cirrus CS 49700 32-bit DSP processing chip is the backbone to the unit's exceptional multi-channel audio conversion. By executing an accurate sound-field reproduction and reducing analog noise in the signal path, it is capable of reproducing an enveloping audio signal that is unsurpassed.
High-Current Amplification
With its high-current amplification design it features 50W x 7-channels at an ultrawide-bandwidth of 10Hz - 100KHz.
It uses specific Dolby Digital/DTS codecs and Cinema DSP Digital to reproduce an enveloping surround sound experience. The unit decodes Dolby Digital, Dolby Digital EX, Dolby Pro Logic II, Dolby Pro Logic IIx, DTS, DTS 96/24, DTS-ES Discrete/Matrix 6.1, and DTS Neo:6. It also decodes the following HD audio formats: Dolby TrueHD, Dolby Digital Plus, and DTS-HD Master Audio so it can handle anyones HD needs.
Logic 7 Processing.  This processing technique converts, or upmixes, 2-channel stereo signals into 5- or 7-channel audio signals, allowing you to better experience the surrounding ambient sounds that are already in the stereo mixes. It's especially designed to maintain a solid front soundstage, while expanding the perceived ambience beyond the room walls.  This is extremely useful with garbage TV signals that are left in 2 channel audio.
The unit's rear-panel AUX (mini-jack) input enables you to simply connect your iPod or iPhone to the receiver; your iPod or iPhone effectively becomes another Harman Kardon component flowing through the receiver.
HD Component Video and Digital Audio. With specifications that meet the standards of professionals, it features (2) HD (50MHz) component video inputs, and (1) output for high-resolution low-distortion video playback. It achieves greater color accuracy and high resolution playback capability when connected via the component output to your projector, plasma and/or LCD/CRT televisions. In addition, enjoy (3) optical and (3) coaxial digital audio inputs for high quality audio reproduction. 

EzSet/EQ Calibration.  For enhanced room acoustics, Harman Kardon's EzSet/EQ calibration system is included with this receiver. This technology automatically detects speakers, and then sets levels, delays and crossovers, as well as measuring room acoustics 
 End of the day, a receiver like this is as I said in the beginning.  An entry level receiver for those who are looking to get into the home theater market but don't have the cash or don't want to spend exorborant amounts of cash to do it.  This will provide you with a 7.1 receiver that can handle all your HD/Blu-ray needs and give you pure power for quality audio.  The downside to this receiver isexcessive power consumption, and lack of 3D capabilities. If you're anything like me, these are two things I could care less about.  
Enjoy :)