That’s the way I read the HK literature. The 7300 only scales to 480P from 480i, while the 740 will scale from 480i to 1080 (P/i?? I don’t know which). The 740 also has DVI and HDMI outputs, while the 7300 has none.
Seeing how the 7300 msrp is about $2300 US and can be bought for $1200 US, hopefully the 740 will also be around $1500 US on the street. Interestingly though, the 7300 still has much more robust amps. I see a 7400 coming from HK pretty soon. And If I’m lucky, HK will have an upgrade for the 7300 that will match the new 740’s video processing. –wishful thinking on my part.
The Yamaha certainly looks like an attractive AVR, but the jury is still out on whether or not it can drive a 4 ohm load without issue. I wasn’t willing to experiment in this department. One could always run their mains with the Yamaha’s pre outs into another amp I reckon, but that’s additional costs.
