I would lower the receiver budget first. Better speakers will always make more of a difference than the receiver.

Edit:
And definitely forget surround and a center! Maybe a couple of M60s from the outlet if the budget can be raised a bit.....


Edited by MarkSJohnson (08/18/10 10:38 AM)
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::::::: No disrespect to Axiom, but my favorite woofer is my yellow lab :::::::