Hey Natron, first off i want to thank you for your response, it was very helpful. After posting i was browsing the forum and quickly saw that what i was looking for was going to take much more then $300 if i wanted to do it right. Now being the kind of guy i am i do want to do this right and suppose have to start building this system sometime if it is going to take a while, so why not start now.

To answer your question the room is 25ft. by 27ft. then to give a little background on me i am still living at home while i am going to college; so this room i want to install the speakers is actually in my bedroom.

You said to first start off with a receiver, and if you do not mind my noobness what exactly is a receiver? is it what it seems like it would be, a central point of the whole system where the speakers would branch off from? This costs around $300 on its own correct? so what would be a good brand to go with for a receiver and what do i look for when purchasing one? To add on to that i found in our attic my dads old stereo system i beleive to be called "Luxman" it has an AM/FM tuner for one box and below it is another box that would (in my interpretations) appear to be a receiver. could this be of any help?

I am sorry this might be a mouthful and i may have to break it up some more tell me what you guys think.