you got $700 by any chance? i can recommend emotiva. instead of a reciever, it would be a stereo pre-amp and a stereo amplifier. the USP-1 stereo pre-amp is on sale now for $389 and the UPA-200 stereo amp (125 watts x 2 ) is on sale now for $299. i don't have any of these particular components, but i do have the now discontinued emotiva UPA-1 mono block amps and i love them. people on here recommend the USP-1 pre-amp too. i also listen to vinyl and it sounds great through these emotiva products and i expect the UPA-200's to be similar sounding. good luck. www.emotiva.com

I suggest that you look at the Arcam A19, which is an excellent amplifier that is available from Audio Advisor and others.

As for the speakers, there are lots of good speakers out there, and even more that are not so good.

I would like to recommend some to you, but first tell me if you want floorstanding speakers or bookshelf-type speakers, and a price range that you are comfortable with.

Floorstanding speakers are best if you have space for them, but some people do not want speakers that large.