Theater:
Outlaw 990
Sherbourn 5/1500A (300w/ch @4ohm)
Parasound HCA-1000A (200w/ch @4ohm)
(3) Miller & Kreisel S-125 L/C/R
(2) Miller & Kreisel S-85 surround
(2) Miller & Kreisel S-85 surround back
Miller & Kreisel MX-200 sub
Infocus SP4805 proj
JVC (all-region) dvd player
Marantz LD player
JVC tape deck
Hughes HD Directv receiver
Belden/Canare cabling
Brickwall tvss/power filtration

Sitting room:
(2) Magnepan MGMC1
Miller & Kreisel MX-700 sub
Marantz receiver, early 70's vintage (but considering RR2150 as replacement)

I'm of the same mind as Guido... invest in the best (as slowly as necessary) in audio, as amp/speaker technology is fairly mature. When you can't wait any longer, buy video. I bought everything, except the 990 and proj, used, at great discount and in excellent condition one piece at a time over about six years. It has tried my patience to do so, but the end result never ceases to put a smile on my face, or anyone else's who visits.
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And now, some suggestive scenes of jets refueling...