This deal has ended.
Update 1/14: the deal is dead; this is back to $300! Sony Style now has the Sony STR-DG720 Home Theater Receiver on sale for just $199.99. The 7.1-channel receiver features HDMI, digital cinema auto calibration, digital media port, audio decoding, XM compatibility, and more. Compare this to $315 at Best Buy. Shipping is free with tax applied in most states.