Anyway, here's my set-up.
Klipsch XL-23 LCR Speakers

These babies are absolutely beautiful, and they sound amazing! I have three of these; left, center, and right (LCR). The cabinet is titanium, and the new XT Tactrix horn loaded technology directs the sound in a very efficient way. The gorgeous mothers put out enough bass that a subwoofer isn't even required (but that didn't stop me from getting one of those too ;))
Klipsch XL-12 LCR Speakers

These LCR speakers are designed to be mounted beside a flat screen TV on the wall, just like the XL-23s, but are also good for rear speakers. That where I have these located. They're pretty much just a smaller version of the XL-23s.
Klipsch Sub-12 12" Subwoofer....aka Big Papa

This is the most important thing in my opinion. I like to FEEL the movie, and watching Transformers on blu-ray is nothing without this badass mo fo. This downward blasting 12" subwoofer makes my movies and games 10x more enjoyable.
Denon AVR-790 Receiver


This is the brain of the home theater system. I have Monster 1000HDX HDMI cables from my Xbox 360 and PS3 and out to my 32" Samsung 720p HDTV. Maybe soon I can save up for a 40" LED, which would be the perfect size for my room and setup :) With 0.08% Total harmonic distoration (the lower the better), this receiver gives me clean, crisp sound for my games, movies, and music listening.
Playstation
3 Slim (120GB)This is mostly used for my blu-ray player. It upconverts the 300+ DVDs I own, and since I don't plan on restarting my collection, I only plan on buying movies that really use the surround sound that blu-ray has...Transformers, Rambo, Saving Private Ryan, Star Wars, etc. Playing Killzone 2 and SOCOM is also enjoyable.
Monster MP HDP 1800 Power Center

This is my system's bodyguard. Hooking all my equipment to this protects it from power spikes and dips, electrical interference, etc. Cleaning the electrical interference is key in picture and sound quality, and with Stage 2 cleaning it'll clean interference from introduced components such as my Xbox 360 and PS3.