Flyrod
I can not say anything about the NAD since I have nevered listened to one before. While I too have been searching for a receiver I remember one of HT mags mention that the 1050 was in the same catagory as the NAD in many respects, but nudged toward the 1050.

You will not be disappointed over the 1050. You simply can not go wrong with it. The glowly reveiws do not lie.