Entry Level Set-UP (Audio)

[raginranger]

K. Thanks. Sounds good. Just to make sure I have enough room, I'll post my space size here:

I sit about 7 feet away from a 46" LCD, I cannot sit any further away due to a wall and plus I don't really want to. It looks good up close! I have 5 feet on each side of the TV for speakers to be placed, I also assume one speaker could sit in the front perhaps on top of the receiver...? Also, I have a couple feet to the side of my couch to have another speaker in the back, maybe put the subwoofer in the back? Not really sure how the best way to set this up, but basically I have 5 feet to each side of the TV for speakers, and 2-3 feet on the left side of my couch for speakers. Does this sound like enough room for a 5.1 set-up or is this just not feasible?

thanks!