The $ 200 Sony UBP-X700 player is a fantastic deal and will do ev you need.
@TLS Guy has the top of the line (expensive) Panisonic player and the Sony unit and I believe he likes the Sony unit just as much. I have the Sony as well and it's a little slow but the picture and sound is beautiful.
Yes you will need a receiver (AVR). You will get lots of recommendations for a specific one but I'll recommend the Dennon AVR-X3600 or 3500 or 3700 depending on availability. Any of those 3 AVR's are absolutely great and are going to work well with the SVS system you have planned. Also since you didn't mention a subwoofer SVS subwoofers are excellent. I believe HSU offers more bang for your buck though.