Since I started this I understand a lot more now.
I noticed an Onyyo TX-705 system that not only does switching but also up converts low res signals. I had no idea a receiver could do this, I thought on the BR DVD could do that for old DVDs.
Is this is this is a good idea and a good system. Seems to run around $700-800 and I can do that.
any similar systems I should look at and is this type of up converting a good idea ?
Go for the Onkyo 805. Better processing, internal fan. I own this bad boy right now, and spent $600 for a refurbished model from Onkyo. It is the second refurbished model that I have purchased from them without major issue. They still offer a 1 year warranty on the refurb. If not, you should still be able to find the 805 for cheaper than that, if you buy it online. If you want it new and from an authorized retailer, Amazon sells this for $759 with free shipping. (If you do purchase from Amazon, have someone create an ASFN link there so ASFN can get a little revenue.
http://www.amazon.com/gp/product/B000OBJW1S )
Besides, you will most likely want the extra power from the 705 to the 805. You will probably want the extra HDMI port as well. The 805 has 3, I wish it had 4. The next model up form the 805 is about $500 more than that though. Go 805, you won't be sorry.
Oh, and the upconverting may or may help. It depends on your TV and how good it upconverts signals. Most of them are equal to what the receiver can do, so you might not see much of an improvement, except that you will clean up the wires going to your TV.
Last thing, be sure to go to monoprice.com for any cables you might need. Don't pay Monster prices.