Thanks for the suggestions jinjuku, and I live near Chicago
Honestly, I don't see me setting up an amp for my home theater needs, so getting a top-of-the-line receiver with pre-outs and probably 100 other features I'll never use would be overkill in my opinion. I was thinking maybe a used / refurbed mid-level receiver and along the same lines for the speakers. Again, I'm looking more for a system that will sound great rather than getting all the latest doo-dads and marketing gimmicks. The two things I am interested in would be HDMI in/out and 7.1 support for future expansion.
After looking around a bit more, I found a thread with a couple recommendations. One for the Onkyo TX-SR508 ($230 used on Amazon), which has HDMI input / output and supports 7.1. That would leave me $270 to spend on fronts and a center speaker. Would this model not be a good choice for a mid-level setup?
Again, still very much open to ideas, so feel free to let me know what you think
Edit: That model also has a sub pre-out if that is what you were referring to instead of pre-outs for an amp.