The MT60 will benefit from better receivers like this, which is twice your budget:
http://www.petertyson.co.uk/ebuttonz/ebz_product_pages/yamaha_rx-a2020.shtml
Around your budget, check these out:
http://www.petertyson.co.uk/ebuttonz/ebz_product_pages/yamaha_rx-a820.shtml
http://www.petertyson.co.uk/ebuttonz/ebz_product_pages/yamaha_rx-a1020.shtml
http://www.petertyson.co.uk/ebuttonz/ebz_product_pages/onkyo_tx-nr717.shtml
http://www.petertyson.co.uk/ebuttonz/ebz_product_pages/denon_avr-3313.shtml
The Denon offers incredible value at that price, as it's in the league of Yamaha RX-A2020.
Definitely demo your options before purchase.