I'm really not a fan of Monster stuff (good quality but I think it is over priced for what you get). I power a Sony 50we610, Sony ES3000 Receiver, Motorola 6208 Cable Box, Pioneer DVD Player, & a HTPC with a Brickwall Surge protector & two Belkin UPS's. I run it like this:
Power -> Brickwall -> #1 Belkin UPS - > TV
Same Power -> Same Brickwall -> #2 Belkin UPS - > Everthing Else
I'm probably going to get another UPS and split-up some of the components. The Brickwall is for surge and the UPS's are for voltage regulation and backup power (not really necessary, but I nice to let the lamp in TV cool down!!).