AVS Special Member
Join Date: May 2011
Location: Ft. Collins, CO
Mentioned: 5 Post(s)
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You can get the receiver cheaper at accessories4less.com (refurbished). That would leave more money for speakers. You should spend the bulk of your budget on the best L/R speakers you can get. When finances allow you can add a subwoofer later. There are some budget subwoofers out there but really you should expect to spend at least $300-400 minimum on a decent subwoofer.
Denon 1613 refurb: $250 (accessories4less)
Book Shelf options ($500 and below in no particular order with respect to SQ)
Cambridge S30 ($219)
Ascend Acoustics CBM-170SE ($298 during sale)
KEF Q300 ($470 at accessories4less)
Deftech SM45 ($400 at Newegg)
Infinity Primus 163 ($170 at Amazon)
PSB Image B5 ($450)
Monitor Audio Bronze BX-2 ($489)
If you decided to go with the more economical Cambridge S30 (phenomenal for the price by the way) you could then fit the HSU Research STF-2 subwoofer in your budget for a very nice 2.1 system paired with the Denon 1613.
"Guns for show, knives for a pro..."
HT/Living room: FR/FL Sierra 1 NrT, Sierra-1 NrT Center, B&W ASW610, Yamaha RX-A2030, Oppo BDP-93, ATV.
2-channel: B&W 804D, B&W ASW608, Parasound P5, Parasound A23, Marantz CD5004, Rega RP1, Bluesound Node2.