lsiberian: Thanks, I'll keep that in mind. Ultimately though I think any system can only sound as good as it's weakest component. Sure quality speakers can make a big difference in sound, but a faithful reproduction of garbage coming out of a crappy receiver isn't worth much.
I guess the reverse is true as well.
lotr: Thanks for the welcome and the links. The full system might have been interesting, but I'm not looking for a full HT right now (more below). What's the warranty like with the refurbed systems? Is it the full original warranty from the manufacturer? Any places which sell Denon refurbs? If you can't tell already, I'm a little sweet on Denon, having owned and liked one of their receivers in the past.
I guess I wasn't really very clear with my original post. While I decided to go for a full blown A/V receiver, I'm planning on a 2.1 setup initially. It seemed a wiser choice to get a full receiver and add more to it over the next few years. For now, I'd like to start with a pair of hi-fi speakers.
Some models I've been looking at are
1. B&W DM 602 S3 series (are these still on the market?)
2. RBH MC series
3. Ascend acoustics CMT-340, and
4. Monitor Audio Bronze BR2
Edit: 5. Energy RC-10
These sets run about $300-$500, which should leave me with some left over a reasonable sub and stands.
Okay, now you can rip it to shreds.