Originally Posted by
commsysman 
Number one, I would get the Anthony Gallo speaker system with CL-3, CL-2, and CL-C speakers.
That should run you about $3500. Do not get the Gallo subwoofer though. Read the article on this system at avguide.com and you will see what I mean.
You can spend twice as much and not equal these speakers; they are simply amazing, in several ways. One is the literally unbelievable amount of bass they put out. Another is the purity of the sound and the wide dispersion pattern of the unique hemisperical-dome tweeter, which makes every seat in the room the best listening spot.
For subwoofers, I suggest you get two of the NHT B12D subwoofers, which will cost $1400.
They are the cleanest, lowest-distortion subs I have ever heard.
I listen to a wide range of music, heavy on classical and jazz but also bluegrass, folk, and world music, plus movies of all kinds. These speakers do it all with the nicest sound around. They can put a full symphony orchestra in your room, or the Red Baron's plane at full throttle.
IMO the Rolls-Royce of receivers is the Cambridge Audio 551R receiver. Home Theater did a review of it and pretty much ran out of superlatives describing it. It runs around $1300, and has plenty of very clean power to run those speakers. It also has cleaner sound (lower distortion) than any other receiver you can buy at any price.
I am using a set of CL-3 speakers and the NHT subwoofer at one home, and it sounds as good as my Vandersteen 3A system at my other house which cost over twice as much.
All of that should cost around $6000, which will leave lots of money for the TV of choice and an OPPO BDP-105 player for both audio and video excellence.
P.S.- To erase any doubts you might have about how good those speakers are, Gallo will allow you 60 days FREE home trial. They pay free shipping up front, and also pay a full refund and return shipping if you send them back (but you won't...lol).