It's made for the 360 well i guess in color and the remote. It's at a nice price now too. I'm looking for a quick replacement under $200 dollars.

http://www.circuitcity.com/ssm/Pioneer-Home-Theater-System-for-Xbox-360-HTS-GS1/sem/rpsm/oid/153617/rpem/ccd/productDetail.do#tabs

Also was looking at this Onkyo. But i believe the sub isn't powered on it.

http://shoponkyo.com/detail.cfm?productid=HT-S590S&modelid=86&group_id=1&detail=1&ext_war=1

Any other suggestions under $200 are welcomed.

http://www.circuitcity.com/ssm/Sony-Component-Home-Theater-System-HT-DDW790/sem/rpsm/oid/174935/rpem/ccd/productDetail.do

Just found this one also.

I have the Pioneer and I think it is a very good sound system for under $200. It's great for use with the 360 and the remote is nice to when used with the 360. I currently have it connected to my 360, tv, and computer.

don't expect too much from that system, it does have a lot of inputs for a cheap system but find an open box onkyo system at circuit city for a good deal and sounds much better

Go with the onkyo! they dont sell the one's I had but this is there new one around your price range

http://www.circuitcity.com/ssm/Onkyo-5-1-Channel-Home-Theater-System-HT-SR600/sem/rpsm/oid/179767/catOid/-13325/rpem/ccd/productDetail.do