Hi All, this is Kartik from Kansas. I have been living in an apartment and am about to move into a house. I plan to setup a theater room in the basement - the previous owners have already converted the non conforming bedroom in the basement into a 2-tier theater room so that's the perfect place to start for me. They are leaving a 120 inch projector screen in that room. Current setup: Since I've been living in apartments I've been having a very basic setup: I had bought an Onkyo HTIB (HT-S3500) for around $250 and had upgraded just the front speakers with a pair of used Wharfedale Diamond 9.6 Floorstanders. The subwoofer, center speaker and surround speakers are the ones that came with the HTIB. I have to say that even though I've been a great fan of Wharfedale speakers, I haven't been stuck with a wow factor yet even with Bluray/itunes movies. I strongly believe it's largely due to the fact that my AV Receiver is very entry level and that I've been using the setup in large rooms (living, dining and kitchen in an open floor plan in apartments). The receiver does not support Dolby Atmos or 4K. Before we move to the new house, I am researching on speakers, AV Receivers and Projectors for the upgrade. My budget is around $1000 for the AV Receiver and speaker upgrades and another $750 for a projector. My plan is to buy a 7.2 channel AV receiver but keep 5.1 speaker setup to begin with and later make it 7.1 if I feel the need. Can you guys please suggest what some good options. I will list what I am currently considering. My upgrade considerations: 1. AV Receiver: Onkyo TX-NR686 7.2 Denon AVR-S740H Receiver, 7.2 Yamaha RX-V683BL 7.2-Channel Sony 7.2 Channel Home Theater 4K AV Receiver (STRDH770) 2. Front Speakers: NONE (To keep my current Wharfedale Diamond 9.6 floor standers) 3. Center Speaker: Klipsch - Reference Series Quad 3-1/2" 400-Watt Passive 2-Way Center-Channel Speaker ($349) Klipsch - Reference Premiere Dual 4" 300-Watt Passive 2-Way Center-Channel Speaker ($299) 4. Surround Speakers: Klipsch - Reference 4" Bookshelf Speakers (Pair) - Black 5. SubWoofer: Klipsch - Reference Series 12" 300W Powered Subwoofer P.S: Some people suggested that I use the same brand for Front and Center speakers. But I do not know if a Wharfedale Center speaker will do as good a job as a Klipsch reference. Plus if there is a future upgrade of Front speakers I believe I will go with Klipsch floorstanders rather than Wharfedale. Please let me know your opinions. Also what projector would you recommend for high quality movies and gaming. It doesn't have to be 4K, but would be great if it does support it, I am looking for something around $750 to a $1000. Im considering BenQ HT2050.