When it comes to buying a gift for someone’s home theater, we don’t typically think about getting a receiver. A receiver can be a very pricey item—at least it usually is.

Today, we found Woot selling an affordable receiver option, and it’s actually something that almost any home theater enthusiast would love to see under the tree. For today only, Woot is selling the Pioneer VSX-1022-K 7.1-Channel AV Receiver for just $239.99. This receiver has been discounted a few times this year, but this is the absolute lowest we’ve seen so far.

The VSX-1022-K has a list price of $449.99, which means that you can save 47 percent off this purchase. Just remember that it doesn’t include free shipping; you’re going to have to kick in an extra five bucks for that.

What you do get is an excellent cornerstone for any home theater. It can crank 560 watts of sound, has support for Apple AirPlay and other streaming services, and can also handle audio formats such as Dolby TrueHD, DTS-HD Master Audio and Dolby Pro Logic IIz.

Other features include video conversion to 1080p (via HDMI), 3D support, the Auto Multi-Channel Acoustic Calibration system (MCACC), six HDMI inputs, and the option for control via Pioneer’s free ControlApp.

Just remember to factor in the extra $5 for shipping on this deal. Also, because this is a Woot deal, it’s only good through today (Monday, December 3, 2012) or whenever the retailer runs out of stock!

Electronic House Hot Deals are offered as an editorial service to readers. EH is not paid to promote Hot Deals and makes no guarantee on the accuracy of the product descriptions we find at the dealers’ sites, nor does EH verify that the site/dealer is an authorized reseller of the product or brand.