Rceiver Help/Suggestions Please!

[Erman_94]

I know there are hundreds of threads of people looking for suggestions on new receivers and such and believe me I have looked through most of them before posting. I am making my own thread because many of these threads are specific to the OP (i.e. budget, BD player etc.)

So any help and suggestions would be greatly appreciated.

Here's my situation:
-I need a new receiver to finally hear HD audio!
-I have never owned a receiver so needless to say I am not too familar with what I need and don't need
-I live in Canada (so I don't know if your suggestions will be affected by this)
-I am using the PS3 as my blu ray player
-My budget is anything up to $600-700 (but is flexible, I want something to last!)
-I would like something that decodes all the new audio codecs (even though the ps3 does this internally, I want my receiver to be future proof)
-The more HDMI inputs the better (only need one output I think)
-I would prefer Burr Brown DACs (to make the most of the sound im hearing, or if there are other DACs that can compare then that is also welcome)
-THX certification isn't a deal breaker, nor is video upconversion (I don't know why I would need video upconversion, so if someone could explain, that would be great too)


Most of all, I would prefer to build my home theater system slowly and with quality.

If anymore info is needed don't hesitate to ask.

Thank you all in advance for the advice and I am hoping to have a brand new receiver for this upcoming holiday season