Thanks everyone for the wonderful inputs, it has helped me focus better on what I want and opened up my options.I manged to spend some time today reading reviews and price lists and here is what I have arrived at. Please note I haven't auditioned any of these and the price I have is mostly based on what is listed on respective web-sites. I might get a better deal once I strike a deal.
* Elac B5/C5 - this remains in my list mostly based on positive reviews. I need to have an appropriate sub (BIC or Taga). I might most likely go with a pair of Polk OMW 3 for the rear satellites. However most of the reviews are based on music. Since I will be mostly using the system for movies, should I still consider it?
* Wharfedale 220 and 220C - Reviews on What HiFi is very positive. I need to check the real owners feedback threads to get a better assessment as I feel WhatHiFI are slightly biased towards British manufacturers.
* Q Acoustics 3000 series - Another speaker series with very positivie feedback, but is it over-hyped? Also pricier compared to other models that I have listed
* Wharfedale SX-1SE - As with the 220s I need to check real owners thread.
* BA A26 and A 225C - overall a good set of speakers. Any thoughts?
* Dali Zensor 1/Dali Vokal - Zensor 1 had excellent reviewers, however not so sure about the Vokal. Any inputs?
* Polk RTi A3 - mixed reviews and over-sized for my room size
* Polk TL-1600 5.1 - This is a 5.1 package, seems to meet all my needs.
* Another speaker which really quote my attention was the Cambrdige Audio Aero 2. However I couldn't find a quote for price and was not sure what is their offering for a centre channel. Any pointers?
* Elac B5/C5 - this remains in my list mostly based on positive reviews. I need to have an appropriate sub (BIC or Taga). I might most likely go with a pair of Polk OMW 3 for the rear satellites. However most of the reviews are based on music. Since I will be mostly using the system for movies, should I still consider it?
* Wharfedale 220 and 220C - Reviews on What HiFi is very positive. I need to check the real owners feedback threads to get a better assessment as I feel WhatHiFI are slightly biased towards British manufacturers.
* Q Acoustics 3000 series - Another speaker series with very positivie feedback, but is it over-hyped? Also pricier compared to other models that I have listed
* Wharfedale SX-1SE - As with the 220s I need to check real owners thread.
* BA A26 and A 225C - overall a good set of speakers. Any thoughts?
* Dali Zensor 1/Dali Vokal - Zensor 1 had excellent reviewers, however not so sure about the Vokal. Any inputs?
* Polk RTi A3 - mixed reviews and over-sized for my room size
* Polk TL-1600 5.1 - This is a 5.1 package, seems to meet all my needs.
* Another speaker which really quote my attention was the Cambrdige Audio Aero 2. However I couldn't find a quote for price and was not sure what is their offering for a centre channel. Any pointers?