Here is another thought to those who want to hook up multiple sources through the 5.1 inputs for a direct connection without the 1050's signal processing.
You can search ( esp. on EBay) many good quality stand alone 2 channel preamps. These will allow you to connect a number of stereo sources into them ( ie: a stand alone cd player, a turntable, and the left and right inputs of an SACD/DVD-A player {with the centre,sub, and rear connections plugged directly to the 1050's centre, sub, and rear inputs })
Once you connect your analogue sources to the preamp you can run its two channel outputs to the left and right inputs of the 5.1 connection on the 1050. Now when you want to listen to your stand alone cd player ( esp. if you have a higher end unit ) you just hit the cd button on the added preamp and then the direct 5.1 button on the 1050. If you want to run a turntable, you just hit the phono input on the preamp and you will get LP sound from your direct 5.1 input of the Out Law. If you have a SACD player or DVD-A player you switch to say the AUX input on the preamp and the left and right signal will pass through while the 1050 will kick in to play the centre, sub, and rear inputs of the direct 5.1 input.
The magic of this rather than buying a cheapie A/V switcher is that you can pick up a preamp that will probably have better electronics section and more likely a built in high quality phono preamp if needed for a good price esp. if you search EBAY.
The only thing you will have to adjust carefully is the preamp's volume control, but a little experimenting will do ya fine.
I am still searching for a new A/V receiver and the 1050 is on my list of candidates. If I were to get one, this is how I would hook up my CD player ( which will outperform most SACD/DVD-A players in regular cd playback ) my turntable and when I want to get an SACD/DVD-A player my 24 bit discs.
I am confident that I would find a quality stereo preamp from say NAD, ROTEL, DENON etc. at a good price used than trying to muck around with a cheapie switcher and then to find an affordable phono preamp.
Well that's my 2 cents, I hope my description made sense.