I built my house a couple years ago and designed the basement with plans to build a theater room in the future. Well, the future is now and I am finishing my theater room. I haven't found exactly what I am looking for in the forum.
-For starters, you may want to install a 20A circuit breaker or two.
-Acoustically transparent screen would really open up flexibility as far as a center speaker goes, as you can use a truly identical center.
I would like to keep the speakers around $600-700.
No offense or anything, but starting with a 110 inch screen and $1500 projector, and then budgeting $700 for a 7.1 speaker system is...
silly.
I would budget $800-3000 on front speakers, $200+ on every pair of surround speakers, and $1000 on a pair of good subwoofers. Okay, actually I would budget around $3000 on like four DIY subwoofers, and if that were my HT I'd put some serious thought into some Gedlee Abbeys ($3000ea fully assembled or $1800 ea for DIY kit).... but that's just me... I don't want to scare you.
I realize money doesn't grow on trees, but it seems you're selling the audio portion
very short. If you can't afford it, get just the front speakers for the time being, and install the surrounds and subwoofers later. But think "long term" what you want. Can a $700 speaker set, which probably means ~$75 per speaker and 200 for a sub, really fill a room with natural-sounding, three-dimensional, dynamic sound, at 14 to 18 feet from the screen?
For instance; to handle a 97db peak without clipping, at 18 feet away (IE loud enough for regular volume dialogue to be intelligible) you need front speakers AND amps capable of 112db @ 1m. To handle a reference level peak (IE as loud as a theater mix is "intended" to be) of 105db, you need front speakers and amps capable of 120db @ 1m. Even the very capable JBL LSR6332s ($1500 each) would max out at about 111db powered by that receiver. So you can imagine my concerns. a $75-150 each speaker that can cleanly fulfill the requirements of the seating distance and also provide good fidelity, is just unrealistic.
So for starters, given that receiver, you will need something with at least 94db/2.83v/m. and preferably closer to 101db/2.83v/m sensitivity, as well as minimum impedance no lower than 4 ohm, . It also needs to be capable of clean displacement from 80hz to 500hz. That's a tall order.
..........And that's just the ::dynamic aspect:: of sound quality.
At even under $1000, most speakers with 94db sensitivity are realistically not very good sounding. They quickly trade SQ to get loud. We don't really want to make such concessions here at AH. It seems like you're in a bit of a pickle here, with that budget and that seating distance.
One possibility you may wish to evaluate, are these:
http://www.edesignaudio.com/product_info.php?cPath=2_141&products_id=1006
That's ~$1600 for three fronts. If you don't mind DIYing the speakers, I would be looking at building one of the designs based around the SEOS-12 waveguide + B&C De250 tweeter
For the center you will want an acoustically transparent screen like this:
http://seymourav.com/screensDIY.asp And to build the center speaker into the wall or something along those lines.
Next you will need a very capable subwoofer for what sounds like a large room. I would be looking at something like a pair of Rythmik FV15... or better yet look into DIY subwoofers
Surrounds ain't a big deal, so you could always figure that out later. I think KEF's coaxial speakers make for good surrounds.
Sorry to be the bearer of bad news or what-have-you, but you would seriously thank yourself after-the-fact, if you did it right rather than cheap out. If the funding isn't there currently, then go with a 2.0 setup. No sub, no center, no surrounds, but truly capable stereo mains that can carry the bulk of the load.