•Yamaha RX-V863 amplifier: $900 (as of November 19, 2008)
•Klipsch RF-10 Home Theater System Speakers: $1450 (as of November 19, 2008)
•Denon DVD-1800BD Blu-ray player: $600 (as of November 19, 2008)
Few speakers can surpass Klipsch's Reference series, but to keep the total below $3000, I'll recommend the least expensive entry in this pricey product line: the RF-10 Home Theater System (left). This is a hefty 5.1 set of speakers. The left and right speakers are tall floor-standing models that list for $518 each when sold separately. Everything else is similarly massive--even the surrounds are more than a foot wide each.
Power these monsters with the Yamaha RX-V863 (top, right). This 7.2-channel system can send 110 watts to each speaker, it upscales standard definition video to 1080p, and it has three HDMI inputs with one HDMI output. It supports just about everything you'd want it to work with, including Dolby TrueHD and DTS-HD, XM Satellite radio, and a feature called Silent Cinema that creates a surround-sound experience through conventional headphones.
A fancy system deserves a fancy Blu-ray player, like Denon's DVD-1800BD (bottom, right). This $750 player comes with Bonus View support; detailed image controls for brightness, contrast, and other settings; the latest DivX 6 codec for home movie viewing; and an SD Card slot for playing media from your PC.