Viridian's advice is spot on. Get a used vintage tuner. They will do a better job than anything you can get for anywhere near the same price. Mod an old Kenwood or Sansui and be ready for cd quality sound. Then you'd be into it for 450-500 dollars but will literally have world class sound.
One thing many overlook is that a good antenna is mandatory. If you live anywhere near a city a 25.00 Radio Shack yagi will do the job nicely. Whatever you do please put the antenna on your list. If you can have a rooftop like the yagi mentioned above that is the best way to go. All indoor antenna's made aren't as good as that cheap yagi and can cost alot of money.
One thing many overlook is that a good antenna is mandatory. If you live anywhere near a city a 25.00 Radio Shack yagi will do the job nicely. Whatever you do please put the antenna on your list. If you can have a rooftop like the yagi mentioned above that is the best way to go. All indoor antenna's made aren't as good as that cheap yagi and can cost alot of money.