I have an RX-V490 that I bought in '96 (?) that still works great. I (ab)used it throughout college, and it was always plenty loud. It has good, clean sound with discrete amplification... it's great for music. It certainly doesn't have the bells and whistles of newer receivers and the power to the rear speakers is minimal, so the HT capabilities are obviously limited.
It's built like a tank and I've never had a problem with it (it's now in my bedroom), although the remote is starting to come apart at the seams.
Overall I've enjoyed this receiver but I probably wouldn't pay much more than $75 for it now. There are many newer receivers out there that could do the job and would be more versatile. Receiver technology has advanced quickly and even the more "affordable" brands make quality products these days.