What do you think about this?

He's provided a budget of about $2500-$3000. I need everything - all 5 speakers, subwoofer, dvd/cd player and receiver. (The TV will be a separate issue all together)

This will be in a smallish room.

Here's my first thought, I'd love to hear yours.

Axiom Audio M22ti mains $400
Axiom Audio VP150 center $350
Axiom Audio QS4 surrounds $310
Hsu VTF-2 subwoofer $450

Denon DVD-2900 $1000
Denon 2803 receiver $800

I know I've gone over budget...can you all help with that?