Thanks so much for your help... I might have to make a post here in a while asking about setup because this stuff is pretty confusing. I'll try to figure it out before I start bothering you fine people though.
I think i will go with that Sony BDP-S550... sounds like that will do just fine for me.
I'm a little disappointed that the denon HTIB system i ordered is on back order so I won't be able to get it for about a month
One other thing... do I need to get an HDMI cable?
Thanks again for being so nice and helping me out.