I'm also in the process of changing out my old Raymarine autopilot. After a lot of research and talking with Raymarine, Simrad, Garmin, and Furuno at the Miami Boat Show, I went with the Furuno NavPilot 300. It is very highly rated and has a "sabiki" mode that will hold the boat over a wreck against the current. It also has a nice wireless remote that you can just point at a destination and the AP will respond to the gesture.
It was the only unit that did not require a heading sensor (although it can use one), which saved me a lot of money. I'm going to use the old pump that came with the Raymarine along with the original plumbing. That saved even more money and should greatly simplify the installation. It's NMEA 2000 plug and play, so the installation should not be a big job. I got it for under $1300.
Furuno NavPilot 300
While it says that you need the heading sensor, both the owners manual and the Furuno tech guys said that it is not required if you are only running between waypoints following a GPS track from your MFD. I haven't installed mine yet as I'm waiting for a repower before installing new electronics. I am also putting in a Simrad NSS Evo3 9.
Anyway, it's worth a look.