Marty, it seems that you haven't actually stated your goal; is it to listen to bombastic movies without clipping? And/or do you want to be able to clearly hear each instrument in a 2 channel symphony? While it's true that the same amount of money will get a better 2 channel system, how much would you miss by not having good surround sound (for music as well as movies)? I believe your most cost effective solution here is indeed a more powerful multi-channel amp, because the Denon, while not super-high-end, has excellent features (I'm assuming it DOES have multichannel pre-outs) as a pre-amp. As I think Marty is alluding to, you might even be able to solve your clipping problem with a decent powered sub-woofer to replace some of the amp-sapping low frequency duties. I must say however, that in most AVRs, the sound quality will suffer slightly in some ways when using bass management on the receiver, but the tradeoff may be acceptable to your ears. You also really should divulge what your speakers are and what their efficiency is if you know it.
Good luck,
Mike R.
Good luck,
Mike R.