Thanks for all the welcomes... this sounds like a fun bunch!
I'm located in San Jose, CA and my budget is roughly $200-300 +/- $50.
I'm starting with 2 channels and may upgrade to 2.1 in the future.
I saw a pair of KG 4.2 speakers on CL for $250 and wondered if that's a good price.
I'm getting a hand-me-down Pioneer SX-780 receiver from a friend this weekend, so I'll hook that up to my current speakers and see how it sounds.
And to answer Tarheel's question... it depends and it varies!! My vinyl collection is here at home and my CD collection is staying elsewhere until I decide to add a CD player to the home system. My budget doesn't allow for tubes at this time...
Thanks again and look forward to more good info!
Let me know if I should take this topic to a different forum.