Update: So I received my Sony HTSS360 last week and wanted to allow another week of use to give my opinion on my purchase.
I thought it was well worth the investment. I live in a nice apt. and sit about 7-8 ft away from my TV and surround sound. I needed something on a very tight budget and this system was among very few other choices.
Pros: Cheap, great sound and bass for the small living room in my apt. Haven't really cranked it up all the way due to the fact that I live in an Apt., but it definitely has potential. Works great with my blu-ray, ps3, xbox 360, and regular tv.
Cons:The amazon description and specs say the receiver supports Ipods, but there are no AUX ports to connect my ipod to, so that was disappointing. That's it for the cons, I pretty much got what I was expecting.
Anyone else own one of these surround sound systems?