No problem.

Just make sure you run audyssey or manually calibrate your system again because all of your trims, distances, crossovers and other bass management settings have been changed to its factory default for both the 2 channel and its multichannel settings.

The reset in and of itself won't damage anything. However, something usually goes bad to make people do the hard reset on the receiver. So what happened? eek

I’m armed and I’m drinking. You don’t want to listen to advice from me, amigo.

-Max Payne