I would not use Crown Drive Core amps in home theater. They are digital amps with commercial design, not really designed for home theater use. They have fans in them which increases the noise floor in the rooms they are used in, often being a bit noisy.
I like Crown a lot, but they aren't my first home theater choice.
1. Pick your rack location carefully, and ensure you have a lot of room for growth and proper access. I recommend that the rack location, if possible, be at the back of the room or even outside the room to isolate any lights and noise. You have a lot of gear, so make sure you have the room you need.
2. Make sure the rack location has plenty of ventilation. Heat is the number one killer of electronics.
3. Nothing wrong with Peerless, but make sure to really consider your location and setup for equipment. I often put rack rail into a wall which has rear access (like to a storage area),then put equipment onto rack shelves facing into the room, or under stairs, etc.
4. The projector is solid. It's the same as the 5040, except in black. Good model. I would also look at the JVC models slightly above that price point which will have better black levels.
5. You didn't mention a screen. You probably want one. In a good theater it should be white, and you don't have to spend a ton of cash on a good fixed frame screen. Screen size should be about 10" to 12" of diagonal for each foot of viewing distance.
6. No part of your ceiling should be white, or light grey. Storm cloud grey. Black trim... This is a theater, make sure it is all very dark for best results.
7. Pay VERY careful consideration to your lights. You do NOT have enough right now. No less than 3 lights across, and they should be zoned into no less than the following...
Zone 1 - 3 lights over the rear seating.
Zone 2 - 3 lights over the front seating.
Zone 3 - 6 lights towards the front of the theater.
8. All lights should be on dimmers. One dimmer per zone.
9. All lighting should be somewhat directional. Ceiling recessed lights towards the back of the room should cast light downward, not towards the front of the room. This allows them to be on, at a low level, while not impacting the screen significantly.
10. You can always turn lights down/off... You can't easily add lighting after construction is done. ADD LIGHTS NOW! This room is painted dark. It needs about twice as many lights as your family room needs to look 'bright' when the projector is off and you are trying to clean the room.
11. Dark carpet. Not light grey. Look at some theater carpets... You will see that they are all dark reds and blues and blacks. Once again, theaters ask for dark, not light. Anything light should be removed from the screen as far as possible.
12. Get a great projector mount. They will last a lifetime. The Cheif RPMAU is the best out there right now and will securely support about any consumer projector out there.
This is a GREAT price for one...
http://www.ebay.com/itm/Chief-Projector-Mount-RPMAU-/282251508056?hash=item41b7803958:g:a~QAAOSwWfFXkm~1
Sometimes they show up for under $100 on eBay, but not often, and there are ways to 'rig' other versions to make it work, but I would buy that right now if you can.
13. Make sure you have your windows 100% covered/blacked out during daytime use. Budget for appropriate shades/coverings.
I won't comment on audio, I think there are a ton of opinions out there on most of it, but I would be pretty happy with what you have listed.