Where would you place it?

[Chaco]

Finally we are leaving the Duplex and are buying a house next month. Closing is in a few weeks. House is on a great location, good town, but mostly the price and condition was not to pass away. This house its just 4 years old. I saw over 25 homes and while i saw many with great potential for a great "theater" room, they needed 15-25k in repairs, improvements, etc... the house i am buying only needs painting to my taste and caulk on some windows.

Unfortunately i do not have a great room for my toys. The living room is just 15 x 15. I want you to give me some pointers as to how would you setup your HDTV and surround sound. I am more worried about the Surround back speakers, because they will be over the listeners, instead than behind them.

The setup will be a 50" DLP, SONY receiver for the 7 speakers, 2 subwoofers, couch, love seat and a coffee table.