At the time I was buying, that Onkyo was one of my favorites in its price range. I got a good deal on an open-box Yamaha Aventage 1020, which I also liked a lot, and having had good experiences with Yamaha's reliability, I went with the Yamaha.
At its current street price of around $700, I'm not sure what I'd prefer over that Onkyo. It is strong all around - video, sound, processing, it's all well done.