I kind of agree, kind of disagree. I've had a very difficult time getting a good sounding HT processor at all. I was doing a similar thing, sticking to an older model, Theta Casanova, and trying to avoid jumping onto that new fangled HDMI. I went through a number of processors before settling where I am now, with an Anthem MRX 540.
The part I agree with is that Atmos and DTS:X just don't have a lot of content out there, and I'm not about to buy extra speakers. At 6 speakers that's all I'm putting in my living room.
The part I kind of disagree with is the sound quality of the latest generation of Anthem receivers. They absolutely sound better than the AVM 50 I had before even before engaging room correction. Having fairly good web interface, HDMI Audio Return Channel, and fairly good intercommunication with my TV and TV remote make it worth it.
Personally, given a choice, I'd rather buy a new MRX receiver and use it as a processor than stick to my old AVM 50.