When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
I got a Sony receiver for $240, Jensen home theater speakers for $125, Apex 20" flat screen TV, and Lasonic region-free DVD player. Dolby 5.1 and DTS 5.1 never sounded so sweet in a 12'x12' bedroom.
Cambridge Soundworks actually has some appealing and good sounding packages for $400. You can hook them up to your computer as well...good value and good pricing. Not sure if you have them in your area though.