Yes, both the CXR120 and CXR200 support HDMI pass-through when in Standby.
This allows the full HDMI signal to be passed through the AV Receiver to the TV when the AVR is switched off, meaning you can use the TV's own speakers for sound. This is useful if you just want to watch the news or weather forecast, for example, without powering up the whole AV system.
By default this feature is switched off. You can turn this feature on in the CXR Settings menu. You can choose to pass through the last used HDMI input, or any particular HDMI input (such as the one your satellite box is connected to).