The Onkyo TX-SR304 is the entry model of Onkyo's lineup of A/V receivers. It is a value-priced receiver supporting 5.1 surround sound with 65 Watts / channel. It can do component video switching with its, 3 component video inputs. However, it lacks and HDMI connectivity as found in the other models in the lineup. The TX-SR304 is a legacy receiver, with the model numbering now changing from TX-SRx04 to TX-x05. It is the only model without HDMI, and is a reasonable choice if you don't need that connectivity.