I will second the dlp front projector, since you haven't made any purchases, yet. Your basement is ideal for this piece. It can throw a much larger highly detailed picture for the price. You won't be disappointed. Two subs would be AWESOME! For the long haul, a good outboard amplifier is a good investment, preferably 200 wpc or greater. Your processor is the piece that will likely be changed every so many years as new features/formats come out, so separates offer better flexibility. The DVD player, as said earlier, I would buy cheaper as the new HD DVD/BluRay formats are coming out soon.