Many threads in the past have contained reports of folks having good results with the Sony. You might do a search to read them and find quite a bit of data that you will find helpful.
I have a Kaito 1103, and (like many others)have found it to
work quite well and cost much less then the Sony.
Either way you will be better of (IMHO) then with the Grundig series receivers (Yacht boy). I have had 2, and was not very pleased with either.