First post on here and this seemed the most appropriate place to put this. Anyway, I'm looking to put together my first real HT setup. My roommate is moving out and taking the odds and ends setup (mostly RadioShack) that I've grown so used to. I'm on a limited budget, but these are the options that I've been kicking around and wanted some suggestions... 1) a really nice receiver (such as the Denon 3802 deal) with JBL NSP-1 speakers supplemented with a Sony WM-40 sub. 2) nicer speakers such as JBL S38's up front with S26's for surrounds and a S-Center (possibly without a sub if I can get away with it) and a $300 or so receiver (maybe the JVC RX-7020VBK?) A couple of other things to factor in to the equation is that I live in an apartment (which is why I've never had a sub so far and am just a little reluctant to get one). With the NSP-1's, I figure that I'd have to have one to get the fullest range and be happy, but could I live without it in the Studio series? My watching habits will be nearly 100% HT (mostly action and scifi). Now, the reason that I placed the post in this forum is that I think that I have a better grasp of what's what in the speaker side of things, but I really have no clue on the receiver side. I've picked up things like you can blow your speakers if you're using an underpowered receiver (what is the definition of underpowered?) Am I better off getting the "last receiver [I'll] ever need" or should I just go for a nice balanced package knowing that whatever I get will have to last me for a while? What brands are generally the best at the price points that I've mentioned? If there is something great on the horizon, I don't need to do anything until the first of the year. Are there better sales at certain times? I've been trying to bargain hunt as much as possible (going with S-series JBL's rather than S-II and so on). I'm in the middle of Kansas, so I'm trying to get as much information as I can before driving a several hours to try to audition setups. Any help would be greatly appreciated. Thanks.