Well, I'm a grad student, so it's not a tiny investment either. I honestly don't see myself doing surround in the near future, so maybe it's worth dropping the money on a good stereo receiver, a good pair of floor-standing speakers and one or two subs, then selling the receiver if I ever want to buy a surround one.
OK, so let's start over. I have a budget of $900-$1000. I want a stereo receiver, a pair of floor-standing speakers, one or two subs and a pile of cables.
The receiver must have optical in, plus phono and extra inputs for cd and tape deck. Anything else is extra.
The speakers and sub(s) could use up most of the rest of the cash, leaving some for the cables.
My current idea is to get the HK 3490 ($350), plus two Infinity P362 speakers ($300-$400 for the pair). I have no idea regarding the sub, but looking at that budget, I should probably stick to one for now. Ideas welcome, and none of this is firm (except the budget...)