ClubMac has the Sony HT-SS2300 5.1 Dolby and DTS Blu-ray Home Theater System for $280 + $7 shipping = $287 shipped. Includes a 5.1 A/V receiver with 1000 watts (RMS) and Subwoofer and five Speakers and HDMI active intelligence.
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Blu-ray Disc Player sold separately.
How's this for PS3?