Another "what should I get" thread. Best Buy content

Ive read quite a few threads and suggestions from users, but my case is a bit different. I have a $500 BB gift card so I want to use that towards the purchase of my home theater audio.

TV: Either a Panny P58V10 or a P65S1

I just bought my loft and am already stretching my budget on the set a bit on the TV, so I'm looking to get an home theater system for around $700 or so. It does not have to be a HTIB, but it does have to be available at Best Buy.

I found this: http://www.bestbuy.com/site/Polk+Aud...99112300050000
It comes out to ~$828 out the door, which is bit above my budget but if it's worth it im willing to spend the extra $100-130.

Is this a good set or can you guys recommend a better 5.1 system that can be put together at BB for around 700?

Thank you in advance!

I've also tried to build my own system but picking a receiver (Pioneer 519V/YahamaV365) and pair it with some speakers + sub, but the price came out to quite a bit more than $750.

And I will be using my PS3 as my Blu-ray player

+ a Pioneer VSX-519V?

That will put me at $860 out the door.

How will this system compare to the one I posted in my initial post?

Did a quick search on those brands that you've mentioned and if I add a receiver I'm looking at 1k+ for most of their entry level speakers.

Its a loft, so it's one big space. I already bought a washer and dryer and Im getting the TV from them as well so I would rather get it all at BB.

I normally buy all my stuff online and search for the best price, but this big stuff like a washer, dryer, and tv I didnt want to deal with 'online shops' should something bad happens so I paid a little more for peace of mind.

And this system will be used for (TV/movies/music/games) in that order.

Thanks and I'll look into that as well. Do you know if it can be used as a 5.1 system? my couches will be placed in the middle of the room and I don't want to have all these speakers/stands around the room. I'm even considering mounting the rear surround speakers on the ceiling.

Do you have pictures of your setup?

Thanks!

Thanks for all the inputs. Theyre greatly appreciated.
However I will agree that the setup shown in the pictures are not what I would like IMHO. But to each his own.

I want some satellite speakers for the rear surround that I can mount in the ceiling.

Went to BB today but unfortunately they didnt have the polk audi bookshelf for me to listen to.

Thanks for taking the time to help me out. I'll definitely try to stop by a BB on the west side while Im looking at some furniture.

I decided to perhaps go on a different route and might consider building this system slowly by just getting a receiver, 2 front speakers, center speaker, and sub for now and worry about the rear after my place is fully furnished.

Found some good deals on a Bose 161 speakers but after a quick search on AVS I learned that theyre just overpriced mediocre speakers. Im not too familiar with other brands that can offer a small and yet powerful sound within that $100-160 price range. I'll appreciate if you guys can point me out some good front and center speakers and sub as well.

Pm'ed you a picture of a very similar unit to the one I have, but mine is about 100sq ft bigger.

I don't mind having bigger front speakers, but I do want small surround speakers which will be mounted on the ceiling pretty much in the middle of my living room so I dont want anything that will look out of place.