I've used this forum quite a bit to get information, but this is the first time I'm actually posting something.
I bought the CT350 from B U Y . C O M , for $315 (right now it is $310.99) about two weeks ago. I used the free shipping option hoping to get it within 7-9 business days as I was in no hurry. Ordered Wednesday, got a confirmation on the same day, and on Thursday it was at my house (essentially got free next-day shipping). I guess they shipped from a warehouse in my state. That was pleasant.
At first I was a little underwhelmed by the system, as the loudness of the speakers was very low. I had to turn it to 40 to hear decent volume for movies and TV. However, after about 3 or 4 days, I had to turn it to 20 or 25 , as it was too loud. I guess the break-in period really does exist (I never heard this before, but am not an audiophile).
Overall I am very satsified with the system. For not having to deal with wires, it works flawlessly. Never owned either of the previous models (100 or 500), so I have nothing to compare it to, but I am very satisfied with the product. Simulation of surround works great during movies. I was using TV speakers on an LG 42LH40 before, so for me this is a huge step up. Looking forward to messing with the settings some more. I am running all of my gear (except for my nintendo wii) through it and think it's awesome that it reduced the number of wires running directly to my TV.
I'm looking forward to someone posting 'ideal' settings for the system that I can try at home.