It's not that i need a new receiver...in fact i have a Dolby Digital and DTS receiver but its just that these "Extended Surrounds" are making my system look old. I just feel the pressure to upgrade my receiver. As for Dolby Pro-LogicII, i really don't care coz i don't use my VCR anyway. True, the 1050 does have its own Dolby Digital 6.1 but i do prefer DTS over Dolby Digital. If Outlaw would have just made the 1050 DTS 6.1, then i would have had bought the 1050 a long time ago. Just like what you guys said what important is the SOUND (it's all about the sound) and of course its price. Maybe i should wait a little bit longer...any good sounding budget receiver out there that decodes DD-EX, DTS-ES, DTS Neo 6, DTS 96/24, Cirrus Circle surround and maybe Logic 7? Did i forget something? Sometimes i wish i was just broke...hehe!