Newegg has ONKYO HT-S3200 5.1-Channel Home Theater System for $279 + free shipping.
Great home theater starts with a great receiver. Onkyo's HT-R370 is the heart of the HT-S3200 system. This 5.1 channel receiver comes with Dolby Digital and DTS decoding for audio that sounds like what the producers had in mind. The Audyssey DynamicEQ dynamically adjusts the EQ settings as the volume is changed so dialogue will always be clear
You can even integrate an iPod or MP3 player via a front-panel input, or take advantage of Onkyo’s new DSP modes for gaming: Rock, Sports, Action, or Role Playing Game (RPG). As an entry-level home theater system, the HT-S3200 gives you an incredible listening experience.
Onkyo included speakers with this system that are tuned to work with the receiver. The front and center speakers have a 3.25" woofers and a 0.75" ceramic tweeter while the surround speakers have 1x3.25” woofer. The 8", 110W downward firing subwoofer completes the set. All the connectors and included cables are color coded to make things easier to connect. Get the sound you dreamed of from Onkyo!
ONKYO HT-S3200 5.1-Channel Home Theater System $279 FS 
