I am all over the place on this.  I have a cheap Onkyo receiver and ancient Sony 5 disc changer.  I just bought the pair do B&W M-1's and the sub.  I know I need new hardware and had not really thought through what I was going to do.  Now, I have the speakers and no clear plan on the hardware.  

My budget is very flexible.  I plan to stream audio from iTunes, I want a new cd player, a turntable and a power source. This is a 100% audio system.  I just don't know where I should set my budget.  Should it be $1000 or $10,000?  The speakers and sub were $850. Where am I going to get to the point of diminishing returns?

I had a better plan when I did my home theatre.  I set a budget, picked out my hardware and selected speakers that complimented them.  The speakers were somewhat of an impulse purchase as we were in the process of re-decorating the room and these B&W's hds the right look for the room.  

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