The Pioneer VSX-2021 is a 7.1-channel AV receiver that supports various audio formats and offers numerous connectivity options. It features HDMI inputs, allowing it to handle high-definition video and audio signals. The receiver also includes Dolby TrueHD and DTS-HD Master Audio decoding, enhancing the surround sound experience. Additionally, it provides access to internet radio services and streaming capabilities, making it versatile for modern audio needs. The setup process is facilitated by automatic calibration technology, which optimizes the speaker settings based on the room's acoustics.