Jeff: I'm new to this but I read that there is a means presently out there for making DVI switch HDMI. I think it had to do with a cable for conversion of the format. Maybe you and gonk know if what I'm alluding to is correct. You do, however make good points in the following:

- one more component video input
- some extra processing modes
- headphone jack
- phono input

My response:
(1) Phono input mostly irrelevant nowadays
(2) Headdphone jack is nice...but...using outputs and keeping the amps off can do the same thing. Just parallel feed to a headphone amp (got plenty, including dynamic and electrostatic)
(3) One more component video input is no problem. I can take my very old Sony 5 x 1 matrix switcher get five more component inputs. Heck: if I used another matrix I could get S-video as well and it will do the conversion. So: all these points are well taken and I agree.

Now to the "MEAT"
(1) Some extra processing modes: Being a newbie I don't know the relative importance of this. I don't know what's going to shake out, so maybe the extra dollars is really important for this function.
(2) The switching HDMI vs. DVI: I just don't have a clue as to what's important here. I read your view...but I dunno. Maybe gonk will comment.
Maybe Scott will comment