Here's something else to keep in mind. If you hook a record player up to a modern, surround sound receiver you will also probably need to buy a powered pre-amp. Those don't cost a lot but amplify the signal from the record player to a level a modern receiver can use. Those amps were almost always built into older receivers, but are pretty rare on modern ones.
By the way, an old LP just comes to life through a good surround system with a subwoofer. Just remember to set the receiver to two-speaker stereo for the best sound -- those old albums weren't mixed for surround sound, you know?