I decided that I had about $1500 to get a system, and after much trial and error I came up with this(prices included shipping and tax): Audio Refinement Amp-$590, Nad C520 CDP-$220, Magnum Dynalab FT-11-$325, Acoustic Energy Aegis 1-$225, AP Oval 12-$125, and AQ Topaz .5M-$65. About $1550 and it sounds damn good. I do plan to upgrade, but I'm very happy for my budget. I think that buying used gives one the ability to try things out without taking a major hit. Let's face it, that's why we are a community...we share more than advice. We all will buy new when we need to and then pass the item on when we 'upgrade'. Just MHO.
Best of value-based systems
As a long-time audio enthusiast, I have watched with interest as the hobby has evolved from a budget-driven search for the best sound, to a hobby that seems increasingly driven by how much expendable income one has. No offense meant to the younger 'philes with lots of techno-money, but simply buying expensive gear isn't what the audio hobby is all about. Most of my system has been assembled from used equipment, with a strong emphasis on VALUE for the dollar. Hence, I have largely eschewed "audio jewelry". I'd be very interested in hearing from others who have built systems on the concept of most "bang for the buck". What components do you think provide the maximum quality/audio return for the dollar?