Thanks so much for all your inputs.
This will help me get started on setting up my first system. However, a few more questions...
I started researching right away from the first thread and realized the +ive reviews on NAD and am inclined to pick up a preowned one. Ive also found a few dealers here in Plano, TX (DFW) that carry NAD and plan to visit them soon. Some of the speakers that i can hear at the dealer's location are-
Magnepan, PSB, PMC, ProAc, Monitor Audio, GoldenEar, Linn, Speakercraft & Epicure. Ive not listed a few as they are a gazillion bucks! :)
Any thoughts on the above speakers? I forgot to mention in my initial post that i am looking for floor standing speakers only and the system will be set up in my living room area, which is a large area with 20 ft ceilings.
Vandersteen has great reviews but no dealership here to demo.
Thx again for the advice and look forward to more...