Using an
SPL meter (or sound meter) is the best way to achieve balance in a multi-channel HT setup.
Radioshack has both the analog and digital versions, both of them affordable (less than $50), and opinions are divided as to which is the best to use. Either one will work fine.
The way to do this is set the SPL meter for 'C' weighting factor, and set the response to 'slow'. Most will recommend stabilizing the meter at or very near the prime listening position, and pointed upwards, toward the ceiling. The radioshack version that I use has a small screw hole that allows me to use my camera tripod to stabilize it. The concept here is that you don't want to be moving around, or causing other noises (like your palm rubbing against the plastic, or erroneous readings because the position isn't consistent).
Establish your reference level (using ear-plugs may be recommended); I use a reference level of 70 dB. The meter has a range selector that will give you a reading +/- 10 dB from each direction up and down from where you have it selected.
I would start with all speaker levels at their zero, default point. Calibrate them from there, using the meter, to match all levels to your reference. Of course, make sure there are no other noises in the house, and if you have an overhead ceiling fan, make sure you turn it off, as it will blow straight down into the meter's mic, therefore possibly ruining your efforts.
Lastly - many people run their sub a few dB above the reference level. This means that if all other speakers are calibrated to 70 dB, then the sub would be at, say - 73 or 74 dB. This is intended to provide a little more impact during movies, etc.
Now, go forth and fine-tune, young sir - keep us posted as to how it goes.
EDIT: I would try to get a better sub as soon as humanly possible, and swap out those Bose for something else - but I'll leave that alone for now.
