Outlaw is a good alternative. Can't beat the price. Talk to underwoodwally here on Audiogon if you want more info. I personally use a Marantz SR-7000, which you should be able to find for less than $700 new. The Marantz is excellent on HT and does a credible job on 2-channel audio. Good luck in your search.
Best A/V Receiver Under 700
I have a modest home theater set up in a small extra bedroom, with an NAD 760. I have not been particularly impressed with the NAD 760 for two channel audio. I was thinking of the Outlaw 1050, or perhaps picking up used amp and processor separates (although I would prefer to keep the equipment down to a minimum to save space, even if the cost is comparable). This system will include three Tyler Acoustics Taylo Reference Monitors for the front and center. I will add the rear channels at a later date. Speaker cables are DH Lab Silver Sonic Q10. How about some opinions on the best solution at a modest price. Thank you for your help.