I used to work in the HT industry, and one of the products we sold was the Bose Lifestyle systems. We had a great slogan for them:
"No Highs....
No Lows.....
It's Bose...."
These speakers can sound really good when auditioning them because they are so jacked-up in the midrange. They usually don't stand up to careful listening, and Bose supplied specific demo disks to use. But I can't tell you how many people, after getting them home and listening to them with their own music, and own movies, ended up returning them after a couple weeks. Now, to be honest, Bose can be ok for things like Jazz and some movies (usually not good for action movis though). Forget it if you listen to Rock/Pop/or really anything other than Jazz or light classical. Bose will usually tell salesmen to use a Disney movie or one of the Batman movies to demo the system, because they have a lot of midrange, and very little highs or low end.
Some people prefer this type of sound, and if that's you, the Bose is a good compact choice. For most people, they end up being disappointed with it after a few weeks - and with the price, you can usually get a good separate set. Hope this helps.
Wrigley