I'm coming a little late to this, but I hope it will be useful to someone.
You might not want to commit to this kind of work, but I seriously doubt you can get better sound for your money than by buying and building a speaker kit like they have at Parts Express (
Parts Express: Featured Categories). I have built three kits from them (The UA701CK, A532, and BR-1S), and the quality on all of them shocked me, considering the price. If you have soldering experience, you can finish a kit in half a day. I had no experience before building this kit, and everything has always worked perfectly.
My setup:
- Dayton MTM kit w/ dual 5.25" woofers and silk dome tweeter: $430 (on sale for $300, discontinued)
- Dayton SUB-100: $110
- AudioSource Amp ONE/A: $150 (ebay purchase, they have a new, pretty lineup from partsexpress)
- AudioSource Equalizer: $55 used
- JVC 5-disc CD changer: $40 used
- Canare 4s8 speaker cable + adapters: 60¢/foot + ~$10 for connectors
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~$815
Speakers like this pair sell for >$1000, not including power/components. I've heard a lot of more expensive setups that don't sound as good. You might want to go with a receiver instead of amp if you ever want to hook up a TV.
Best of luck,
Nelson