Should I buy a Sony 550 with this setup?

[flyfree432]

Right now I'm looking at this deal at Best Buy:

http://www.bestbuy.com/site/olspage....at166900050009

I used to own a PS3 (had it for a year), but we literally never played games and only used it to watch movies. I sold it (60GB) for the same price I bought it for, I guess its getting to be a bit of a collectors item, and am looking for a new stand alone blu-ray player.

I've started out with a pretty inexpensive basic system and am ready to start doing some upgrading. I currently have a 40" 1080i tv with one hdmi input. We have a 5.1 Yamaha receiver (no HDMI input). I'd like to update our receiver and get a decent blu-ray player and then later we will upgrade our tv. I'm looking for the best value in a blu-ray player under $400 and a receiver under $500. It seems like a sony is a pretty good product at a pretty good price. What say you? I'm not particular to any brand, just want the best I can get for the price.