TV option 1 ($1400):
LCD - 40” 1080p 120Hz LCD - Smooth image.
TV option 2 ($1500):
DLP - 56” 1080p LED DLP - Big, beautiful picture.
Audio option 1 ($800):
HTIB - Decent Home Theater in a Box, but with some major problems with it’s HDMI and upscaling features.
Audio option 2 ($2300):
Recevier - Best receiver I’ve seen to date.
Left/Right Front/Rear Speakers (x2) - Look good, sound good, the price is right.
Center channel - It matches!
Subwoofer - See above.
If I were buying it, I’d take TV 2 and Audio option 2. It’ll be a little over $4000 when it’s all said and done with, but it’ll be beyond kick ass.