The SX-434 (15WPC) is the Baby of the x3x series, which consists of theSX-434, SX-535 (20WPC). SX-636 (25WPC), SX-737 (35WPC), SX-838 (50WPC), SX-939 (70WPC) and the SX-1010 (100WPC). The 434 might be the baby of the series, But don't count it out. PIONEER CONSERVATIVELY rated them when they went for the FTC rating Test. So they'll all put out a little more. MY 434,which I've had since 1975, when in the Navy, puts out 17-18W into 8ohms 20-20000Hz @ 0.7%THD. Which is better than the spec. Obviously you don't want to use inefficient speakers with it. And it's better for small rooms. Near Field (computer desk with Minimus 7's) it's an outstanding unit. If I use mine with New LARGE ADVENTS(90db?) it runs out of steam fairly quick. But if I use my Sansui SP-2500's (98db) I can put the volume @ about 10 oclock and rattle dishes in the china cabinet in the next room. Same goes for the 535 and 636. The higher the efficiency the speakers are, the less power needed to get to a certain SPL. The 939 isn't well known as the 1010 overshadows it. For all intents and purposes it's a 1010 with a lower rated amp board. You can probably pick one up cheap compared to a 1010 or a 737. If you can find a 939 for under 2 Franklins, do it. I like mine better than the 1010 I had. But my favorite is the SX-737. It's got 1/2 the wattage of the 939 but the only thing it gives up is # of inputs and wattage. The 737 is very popular in that series and the prices show it. the 838 is another under the radar unit.
Even tho the 434 has outputs for 2 pair of speakers, I wouldn't advise using both at the same time unless it's been gone thru and reconditioned (replace caps, select problematic transistors and some resistors) in all areas, and then only 8ohm speakers on both A & B and don't crank on the volume. The power supplies on the x3x's can be trouble prone, so best to rebuild it. It's a pretty easy unit to recondition, plus the parts don't cost much. I did mine about 5 years ago and IIRC it was under $30.00 including shipping. Might be a little more today but not by much.
As it's on the lower end, it doesn't have a protection board. Speakers are fused which are in the little box on the back. Make absolutely sure the fuses are correct for it. (3A 125V/250V fast blo. I'd use a 250V 3A fast blo as the wall voltages today are higher than they were back in 1974 when the 434 came out.) Home Depot has the fuses so you don't have to shop online for them. Also make sure the fuses internally are correct and don't have Reynolds wrap condoms on them (wrapped in alum foil).
Inputs are limited to 1 Ea....
.Phono (magnetic),
Aux (cassette, cd player, (I-whatever from Apple)tv, dvd player), and
TAPE MONITOR for a 3 head cassette deck or Reel to Reel (NOTE: Aux, and Tape Monitor are both line level inputs so are basically interchangeable). I've used a 3 source switch unit for the Aux or Tape Monitor and connected 2 R2R, and an equalizer or 1 R2R, 1 cassette, and Equalizer, with 1 or 2 more R2R on the tape loop(s) for the EQ. As you go up the line, you get more bells and whistles. The tuners (provided someone didn't get in there and started twiddling or fiddling with the coils and trimmers)are generally very good. None of my x3x series receivers need more than a dental pick on the antenna connection to pick up stations 40-60 miles away and get a clean stereo signal. A standard "T" Dipole antenna will pick up a lot of stations. You should be able to pick up NYC stations with little problem.
If you get a chance to get one, go for it. They are good units and will, when reconditioned, give you many years of
enjoyment.