My system is finally completed in my new house. I was lucky enough to have a dedicated theater room. Specifications are below. Let me know what you think.
Projector: Epson 8350
Screen: 120" Jamestown matte white
Receiver: Onkyo RC260
BD Player: Sony S380
HDDVD Player: Toshiba HD-A2
TV Box: Verizon FIOS 335CHD
Gaming: Xbox 360
HTPC: AMD x2 250, 2GB Ram, 750GB HD, 500GB HD, AMD HD4670 GPU
Front Speakers: NHT Absolute Towers
Center Channel: NHT TwoC
Side Surrounds: Athena AS-R1
Rear Surrounds: Athena AS-B1
Subwoofer 1: HSU VTF-3 MK3
Subwoofer 2: Velodyne CHT-12
I love it! It took me a while to pick out the screen. I wasn't sure whether to go with gray or white. In the end I am glad I went with white due to my 16 foot throw distance. I needed the extra gain the screen had to offer. Only thing I am disappointed in are black levels, but I knew that before purchasing the 8350. It really is only the black bars on the top and bottom that don't quite look black enough. The actual picture is fantastic though.
Flat, Deep, Clean, Linear, and Loud
Active 16.8kw, 7.3 system
(3)Seaton Cat12C up front, (4)QSC K8 sides/rears
(2)Seaton SubM-HP, (4)18" IB
The sound is amazing. I purchased my NHT speakers in February and don't regret it one bit. As for my subwoofers, they work very well together. My velodyne handles the higher frequencies and the HSU gets down real low. I barely have them turned 1/4 volume level. I don't really have anything planned at the moment as far as upgrades are concerned. I will probably buy some NHT speakers in the rear of the room and possibly paint my walls/ceiling darker.
Thanks for all the comments everyone!
My updated (12/2014)HT set-up
I had my theater room 7 years before changing my front wall and ceiling to black. Only regret is that I should of done it 7 years ago, what a difference it makes in contrast and color perception!