All speakers are Fluance (good quality, low price speaker specialists)
Except back two speakers are from a HTIB that I had left over
Sub is a Kilpsch 350 series 10" that delivers all the bass I want in my small living room
Front speakers are Large Tower speakers (Fluance) but I let my sub handle all the bass
My receiver is a Pioneer VSX-920K HDMI v1.4 (so I can pass 3D thru it), which I got for a little over three hundred but I am very happy with
Overall I love my 7.1 Setup. Normal programming is matrixed into 7.1 very handily, and there are a lot of Blu Rays encoded with 7.1 audio.
This is the site I use for all my statistics on Blu Ray audiohttp://www.blu-raystats.com/Stats/Stats.php
Just set the audio dropdown menu to 7.1 and you'll get an extensive listing of Blu Rays with 7.1 audio and whether it is LPCM, DTSMA 24-Bit, DTSHD, etc.
, if I had to name a movie that takes full advantage of 7.1....I could name at least 216 not to mention more and more being released all the time with 7.1 audio