I have an R-1270, probably 1978 production and i love it! it's the only reciever i own, or have ever owned(hey, i'm 19 and in university) and it sounds awesome. it handily beats out pretty much every piece of garbage modern consumer-level audio equipment item anyone i know owns(kind of sucks being the one of the only audiophiles you know, eh?). it also sounds punchier and warmer than my friend's dad's NAD setup. it's done more to sell analog vibe and expose the harshness and weak sound of typical DVD player/HT receiver or disposable plastic pile of crap than any talking ever could. it just shuts people up when they run their mouth about vintage gear.
for a long time i had it connected to a pair of '83 B&W DM220s i borrowed from a friend(same friend whose dad has the NAD setup...he wrote the speakers off because of a broken tweeter connection. incidentally he once owned a Superscope). it was a match made in old school audio heaven...the amp's smooth midbass plus the punch and slam of a sealed 2.5-way speaker like the DM220 was so good that it got me in all sorts of trouble here in my dorm. it sounded great and provided loud music for many drunken nights of partying. so good that every one of the dons(you might say RA) knew me by name before they even met me and always "strolled by" right after quiet hours to make sure i wasn't causing a ruckus.
one night my buddies and i were caught smoking pot in my room while listening to a few records on my setup(Dark Side of The Moon sounded great when we were normal. it blew us away after we, uh, "freed our minds"

) and afterwards i had to meet with the college don, who is pretty much the "head RA" so that i could presumably own up to my supposed morally reprehensible transgression. i explained to him that it was cold out, hence we engineered a high-efficiency waterfall bong to use indoors, and that it was just kind of natural to put on some music while we sparked up, especially with a setup that good. he's a funny guy, so he told me i would have to prove that my stereo sounded no-contest better than anything anyone in my entire building had. if it could be shown that it really did kick everyone's ass, he'd let me off the hook. so i brought him over to where my room is and played him a variety of tracks to prove my point. i never had to bring the volume past halfway to get it seriously loud...35 watts per channel and major iron for the poweramp won him over in not even a few minutes. he was sold when he noted how clear and punchy the electric bass on Bob Marley recordings sounded. i got off the hook
other compliments i've gotten include some from non-audiophiles. my friend jay once told me "i love listening to stuff through your system. it just sounds so
defined compared to other stuff". this was after i gave the B&Ws back and reinstated my Wharfedales. not quite as good as the B&Ws but not too bad for what they are and what i paid. they roll off around 50ish Hz but respond pretty strongly till you get there. my friend Steve, owner of the DM220s came by to tell me one day..."i think my speakers miss your reciever. they just don't sound the same man". he has them connected to an early 90's kenwood surround reciever. it's alright, delivers decent power but sounds really choked and lifeless.
This summer i will recap and upgrade the power supply, increase the capacitance in order to tighten up bass response, and maybe even replace the bridge with snubberised schottky diodes or something. as far as i'm concerned, it's a Marantz and considering i consistently blow all kinds of things out of the water for a total of $30 or less, i can't complain.