The Ultimate HT settings

[sudbury78]

I have gone absolutely crazy the last few weeks reading up on this board and avsforum about what tv,receiver, speakers, etc. to buy. I am going into complete overload any second and thought to myself, everyone has their own preference. I have a tight budget and a limited space in my living room for a home theater and am sort of wondering if I should waste my money. With that said, this is what I would like to get and I feel its a great setup and think I will be set up for the distant to near future.

Will be purchasing a 46" samsung with 120HZ OR the Sony xbr4 (debating)

Will be buying the Onkyo 705. Prefered the 605 because of price but the overwhelming input is get the 705 for the extra money as it will be more functional down the road.

Have the PS3 and will use it primarily as a blu-ray player with the exception of the Show 08 and GT5.

Have the xbox360 and use that for COD4 and will certainly use it for Sports and GTA:4

With that said, purchasing those two items would make my home theater a kick ass setup, right?