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I have a 12' x 17' living room that needs speakers--mostly for TV and movies, and occasional video games and music. I would like to avoid running wires through the room, but I am concerned with sound quality.

Can you suggest a relatively simple speaker setup? Is a 2.1 setup sufficient for this room size? I was interested in a sound bar until my research so far indicates that they aren't very good. My budget is flexible, although I would prefer to spend significantly less than $500, but I don't really know where the price points are.