don't know about velodyne
The Velodyne system, as you note, has been discontinued; the Velodyne website has 6 systems left, selling for $249. However, the reviews aren't all that enthusiastic, noting dynamic range compression or lack of mid-bass. Since I need only stereo and not a surround system, I think I might do better with spending the available bucks on a pair of satellites and sub, rather than buying 2 more sats and a center-channel that I don't need for this system. Any other suggestions?
I've looked at M&K B1500's and 1600's online, but haven't heard them yet. Has anyone? I'm very happy with their subwoofer that is part of my home theater system.