I've recently read that some receiver's offer upconversion. My Denon 2803 does not do this and I have entertainment nooks in my living room. What that means is I have recessed wall space where my TV fits and another space where all my A/V equipment sits and a tunnel for running cables between the two nooks. That tunnel is full which means I can't add anything new to my system.

If I can get a receiver that upconverts then I only have to run 1 component cable to the TV to help me save space.