I have a similar sized room and the pretty much the exact setup you are looking at, a Denon AVR-2805 and the EGM-350. I can say that you would be thrilled with that setup. I have listened to the system at unbelievable SPL's not even realizing how loud it was because of the clarity. Really a very nice setup at an unbelievably low price. Although I'm resisting the temptation to upgrade to the M60's, because they are shiny and new and bigger...
"There's too many notes!"
M22ti
VP150
EP350
QS8
AVR-2805
SCD595
Panasonic DVD-S35