A receiver isn’t the flashiest piece of your AV system, but it’s probably the most important. It serves as the backbone of that setup.

Some people spend a ton on this one component. However, we found Pioneer’s VSX-1122-K 7.2-Channel Network AV Receiver listed on Newegg for just $419.99. This price is $180 off the list, and also includes free shipping right to your front door.

The VSX-1122 is one of Pioneer’s 2012 models, so it has all of the features you’d want in a new receiver. It comes packing a USB/video cable, so you can connect any Apple device to the front-panel port for music and video playback. (It also works with a lot of Android devices and thumb drives as well!)

Another Apple-related perk is that this receiver features AirPlay support. That allows users to stream iTunes from any PC or Mac, as well as music from any iOS portable, right to the receiver.

Other features include 3D support, 90 watts per channel (into 8 ohms), Ethernet support, seven HDMI inputs, and three USB ports. It also has decoding for Dolby TrueHD, DTS-HD Master Audio, Dolby Digital Plus, DTS-HD High Resolution Audio, Dolby Digital EX, DTS-ES, and DTS Neo:6 formats.

You can find out more about this model on Newegg’s product page. Just remember you’ll need to add the receiver into your shopping cart to see the discount price.

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.