heh heh, there is some absolutely wonderful technics. My RA-340 receiver is one (black version of the RA-300). it is one of the best receivers I've ever used. great sounding preamp, tone controls are actually useful, tuner is OUTSTANDING (best I've owned ever, better than most digitals), and the power amp with it's misleading specs (which make it sound light in the PSU department) is also outstanding, delivering a continous 52 or so wpc into 8 ohms with very low thd. And how does it sound? modern yet retro, best of both. modern in that it's bass is defined and tight, not emphasized as with some vintage units, highs are present and pristine, not muffled like with many vintage units. retro in that it's bass is warm and musical, it's treble is never piercing or ugly, and it's infinitely listenable and musical imho.
However that unit you have there OP.... sorry but it's probably going to end up being serviceable but ultimately quite average. Technics was the high end line of panasonic originally. then it was a marketers dream and got stuck on everything to sell more products. suddenly technics was crap. all changed in the mid to late eighties. late 70s up to mid eighties saw technics improving all the time and always making great gear. however their SA-X00 receivers are their greatest achievements imho. The even hundred numbered ones (and their twins with different colors like my 340). There are lots of numbers in between that aren't nearly in the same league as the x00 series, although if you like digital tuners you will put up with poorer performance than the x00 had in their tuners.