Here's a video my friends and I did as a joke. Now, I understand it is very poor quality. We had a computer microphone, some headphones, a point and shoot camera, audacity, and windows movie maker. Do you all have any suggestions on simple, cheap ways we could improve? Because we had a good time...

I'll start off by saying I have no experience with audio equipment. I'm looking to spend under $200.    Is it reasonable to buy a center channel speaker to use with an iPod? How would they be connected?    Or what might be a better question: what is the best setup for an iPod speaker...