Hi, I've been posting the same question at various HT forums. I'm just another newbie looking for some pointers on where to start. Yes, my budget tight for a complete package. But then I guess this should be fine for a 300 sq ft living room. I am not interested in the "Home theater in box" kind of solutions, since I didn't read good reviews about them. I am willing to go upto $1200, though. My friends were suggesting I should get a really good receiver and an average speakers so that I can upgrade easily later. Would like to know your take on this. Any advice very much appreciated!! Current Configuration : Panasonic Progression Scan 5 - DVD Looking to buy a nice Panasonic Projection TV Thanks!