Welcome to the forum!
The one that I have a question about is the 40Hz on the sub. Is there actually a setting on the receiver for that, or is that just what you have set the crossover dial on the sub to?
Here's some input (pending your response):
1. 80Hz for a crossover point between speakers and a sub is a good start. In general, you'd want to send the frequencies to the components that can handle them the best. If you sub is better between 60 and 80Hz than your front speakers, then you'd want to set those to 80Hz as well. However, the true thing, to me, is to set it where you think it sounds the best.
2. If 40Hz is where you've set the crossover on the dial on the sub itself, you'd want to change that (unless you've used an input on the sub that bypasses the crossover). You want to set the crossover on the sub to the highest possible frequency setting (hopefully above the crossover that you set on your receiver - currently 60 and 80Hz). When you set the frequencies for your speakers in your receiver, your receiver is going to send everything below those frequencies to your sub. Your sub, on the other hand, is not going to play anything above the frequency that you set on the dial on the sub. So, if your receiver sends everything below 80Hz to the sub, but your sub won't play anything above 40Hz, then you won't get anything between 40 and 80Hz.
Does that make sense?
Adam