Yupp but the 390 has the similar specs as well.
I haven't heard the 5202 but it should be better than the 3200 I auditioned. Now since the 3200 is with the passive sub, still it sounded NOT SO BAD, I was hoping that the 5202 would sound better.
The Denon I heard (do not remember the mdoel number) wasn't quite better except for the price.
Actually even I am looking for something similar as OP and trying to squeeze all within 30K. Seems like HTiB is the only option. And in that budget, 5205 is the only thing that I can think of. Denons mostly cost more for the same mettle.
EDIT: Check the specs, they are cut to cut same for the Denon and the Onkyo. And the centre channel in both the options have equal power, how do you say its underpowered ? Man 100W is good enough (even if you discount for the extrapolated figures).
About the HDMI, we have again passthrough in both the models.
here:
http://www.sightandsoundindia.com/pd...0_E2A_leaf.pdf http://www.onkyoindia.com/products/H...5205/index.htm