Panasonic has the Panasonic SC-XH50 5.1 Channel Home Theater System with DVD Player for $135 - $35 off with coupon code DEALXH50 = $100 with free shipping. Features 300W total power, Dolby Digital decoder, 1080p up-conversion with HDMI.
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This is something my sister would buy, then call me 366 days later to complain about it being broken