Yamaha YHT-150 600-Watt 5.1-Channel Home Theater in a Box (Silver)
Excellent sound, great price
I've had this system for a little over a month now, and I just love it.  The speaker wire that comes in the box is as flimsy as other reviews have said, but that's par for the course with ALL electronics.  The speakers are small and unobtrusive and deliver great sound.  (The ugly remote, well, what can I say.  It's no Tivo.)  Overall, a terrific value.