Why are you guys trying to reinvent the wheel? There are two ways to do this reliably. One get a small wall wart and relay and plug it into the switched AC outlet if it has one. No need to deal with 120 volts AC. Just use 12 volt wall wart and a 12 volt relay. You can get them cheap at places like
http://www.allelectronics.com/ or
http://www.goldmine-elec.com/
The second way is to use a current switch which can be bought off Ebay pretty cheap now and then. The ones I use have a built in relay and some even have a sensitivity adjustment on them. The last ones I bought were like $18 each and work very well. instead of cutting into the power cords I use a cheap three foot extension cord and use one wire from that to wrap around the current sensor.
Most of these current sensors use a HALL effect device to detect a very small magnetic field. Trying to wrap wire around a metal rod to detect it yourself will not be easy and will probably require many turns which will create an inductance which might have an effect on the internal powersupply of the receiver. Not even taking safety in considerations I would just do it with the proper device.
For my Now Playing setup I actually use some of both as not all my receivers have a switched AC outlet. These are all going into a Ocelot SECU-16 module either as a switched contact or a low voltage from the wall warts.
See my blog or showcase thread for more details.