Thanks to everyone for their recommendations. I tried to hear the Klipsch speakers but couldn't really since the stores I went to did not have them setup.
* BestBuy had Martin Logan, Energy, Definitive Audio (Salesperson said Definitive was the best).
* Fry's had Polk, Martin Logan (guy said he didn't like Klipsch sound)
* A local audio store had Paradigm and Definitive (They said Polk and Klipsch are one grade lower than the Paradigms).
* And I walked into a Home Theater store called MODIA which I learnt only had B&W speakers. Got to listen to a 15k or 25k/pair speaker and they sounded great :-)
And also learnt that George Lucas uses these speakers in his studio.
After all this learning I decided enough was enough and ordered the BIC system from Acoustic Sound Design. Received it yesterday and the Dark Knight definitely sounds better. The dialogue was pretty clear initially and then started sounding low, but I haven't done the YPAO setup, center channel adjustment or anything else (plugged speaker wires from home depot I bought yesterday, no banana plugs).
But overall I am happy and believe the sound will only get better.
The speakers look good too. I thought from the pictures I may not like it, but both wife and I like it. So thanks to everyone for their recommendations.
One final question. Is there a list somewhere that categorizes speaker brands into groups (for a given price level) so that I know when I upgrade to the next level which brand I should look at?
I was looking for something like
Martin Logan, Paradigm >
Polk, Klipsch, BIC
The above ranking was something I gathered from going to the stores above (Not sure if it is close enough to reality).