I recently bought a 886 from shoponkyo.com during their apparent clearance sale of refurbs for $999.

Many on the AVS forum claim a lot of these units were new. Some suggested if the serial number started with a "R", it was a refurbed unit. If the unit shpped with the current FW version of 1.4, it was a refurbed unit and Onkyo made the update. My unit was flawless, the serial number does notstart with a "R", and had 1.0 FW installed. I updated it myself to 1.4.

I have had my 886 for about a week, and I love it. The sound is incredible. I wanted to wait for the 997 but I dont think it will be out soon.

It is a very nice gesture for Outlaw to offer these units, even seeming to "authorize" them with a section for posting a competing product. But the price seems pretty high (IMO).

I think Onkyo is planning on releasing a PR-SC5507 model in the future, but I am not sure when or what upgrades it will have over the 886.
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Panasonic TC-P65S1 65" Plasma HDTV, Marantz AV 8801 Preamp, Outlaw 7700 Amp, Klipsch RF7 (X-over dean G modded) RC7 (X-over Dean G modded) RS7 CDT-5800C speakers, Outlaw LFM1 EX Subwoofer, Oppo BDP-93, B & O Turntable, Toshiba HD-A2, Sony CD & DVD 400 disc jukeboxes, DirecTV HD-DVR, PS2, PS3, Wii, Harmony one remote, Monster PowerBar 1200 for the TV, sub, PS3, HD DVD and Wii, Tripp Lite Isolation Bar for the Amp, Pre-Amp and other sources.