Can a $750 system sound good?


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Another option is to spend $700 on the best active speakers you can find, $50 on an Audioquest JitterBug, and hook them up to your laptop.
That’s a great suggestion. Although not full range could add a cheaper sub later. 

Easily. (Good =/= Great).

Any older NAD Power Envelope, T761 etc, pre-HDMI Denon receiver, locally available tube receiver, occasional bargain Carver etc. $200 - $250

Craigslist floorstanders somebody doesn't want to move. Allison 7, CV D-5, Thiel CS2, vintage Wharfedale, recent Klipsch/Polk. $200 - $500

PS3 for CDs. $50 or less. If there's money left over a Marantz DVD player or any laserdisc player ~$70 - $150.

A little luck, a little knowledge, and a little thrift store shopping and you can do it. 

I can see it. Just don't try to make it resolving, at this price level don't need to expose the warts.