AVS Forum Special Member
Join Date: Dec 2007
Location: Southern California
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The Onkyo TX-NR515 is only $300 right now at Amazon; I would recommend that one. It has features galore and 7 HDMI inputs.
For speakers I suggest four of the Wharfedale Diamond 10.1 speakers with the Wharfedale 10 CC center speakers, which will run nearly $1000.
Add the Polk PSW505 subwoofer, for around $200, and you have a very nice system for $1500.
I suggest that you read the review of the Diamond 10.1 at the Stereophile website. It is outstanding for its price IMO.
Mounting small shelves on the wall is the solution that seems to work well. It allows you to aim the speakers somewhat as needed or even change speakers in the future as desired without changing the wall attachments. Mounting brackets can hide behind the speakers and under the shelf.