The very first stereo I purchased was an Onkyo in 1987. It still works, and I use it to listen to music in my home office.
Since then, I've owned a handful of Onky's and have been very happy.
UNTIL. The last Onkyo I purchased, a TX-SR606, cooked it's HDMI board in less than 3 years. The price to repair was more than the cost of a new receiver.
I've gone without a receiver for almost 2 years now. I need a new receiver, but haven't been able to pull the trigger.
Honestly, with all the quality problems that Onkyo has had (just read AVS forums), I'm not sure I will buy another Onkyo.
I will say that the price on this unit makes taking a gamble an easy risk.