Axiom Home Page Forums General Discussion Advice from Axiom Owners What upgrade first? & spacing of M80s from walls?

Hi all:

So I'm still looking at upgrading the video chain first in my HT (plan to get PT-AX200U, Elite Screens Cinetension 2 screen - either 100" or 106" diagonal). I currently have an older Denon 70 W 5.1 receiver (forget the model) with B&W 601S1 for L/R and surrounds, B&W CC6, and a Velodyne 8" sub. My room dimensions are 12.5' x 21' x 7' (WxLxH) and seating will be about 11' to 13' back.

My audio upgrade will likely occur in stages:

First --> speakers (M60s or M80s (see below questions) + VP150 + QS8s + EP350)
Second --> new AVR (Denon probably) or separates (Outlaw or Emotiva probably)

So I have two questions related to the speaker upgrade:

1) Which speaker would you upgrade first (fronts, sub, center, surrounds)?

2) How far from the walls are your M80s (I'm concerned that the 27"-29" space from side wall to screen will not be enough room)?

Thanks in advance to everyone for their thoughts - I am very impressed thus far with this forum.