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Any other deals out there that catch your eyes guys? I might jump on the system above if I can't find anything else. Is it better to just wait for a sale and pick up items individually? How would you rate the system above for overall performance?

Thanks for the input...it does seem like a good deal and like you said I could always replace the receiver if I choose but for now I think it will do. How much approximately would I be looking at for cables/wiring for a setup like that? I haven't factored it into my budget.

I have been looking to buy a Home Theater System and noticed a few deals on boxing day. In the Best Buy Flyer there is a Polk Audio setup with a Sony receiver for $1199 which is roughly right around my budget. I was wondering if anyone had any feedback or reviews on the items in the package...