Thanks Mridul. Agree with you. I keep upgrading most of the stuff (camcorders, TVs, PCs) every few years.
Currently I am looking for an HT investment for next 5 yrs. I have posted in another thread that I just got rid of kenwood HT. I am also not an early adopter of technologies and dont mind waiting until things get proven. eg: Upgraded mini-DV to HD camcorder last Feb.

and LCD probably sometime this year.
Having said this, I am looking for HT with minimum 100w RMS (5.1 or 7.1 doesn't matter) with HDMI switching. I will end up upgrading after 5+ yrs. Hence, putting brakes on the budget around 40k. Denon 1508 + polk RM 705 & Onkyo SR800 falls into this budget. I am wondering whether I can get better deals if AV expo is round the corner. Otherwise, I will goahead and buy right away. I am leaning mostly towards SR800 as its a 7.1 with 130w RMS whereas Denon is 75w RMS.
Thanks
Chandra