Hi Folks
I started out with hopes of getting a set of receiver, Blu Ray, set of 5.1 speakers (with front floor standers) and a projector for my basement. However, with the speed with which home theater gear is evolving and the fact that I happened to get little short supplied on the 'greens', I have decided to utilize my existing receiver/speakers in basement.

So I guess I will be getting projector and Blu Ray only. The question I have is following, and depending upon the answers/suggestions/advise/recommendation will help me decide if I should go forward with the whole new gear or just new projector and Blu Ray.

My existing HK Receiver (its actually HK CP35 HTiB for which I did a rookie review for, 4 yrs ago on audioreview.com at http://www.audioreview.com/cat/home-...0_4281crx.aspx )

This is a non-HDMI receiver. So I am thinking of getting a Blu Ray player and connecting it directly to my yet-to-arrive projector via HDMI cable bypassing the receiver. Would this give me same video performace had I had a Blu Ray connected to my projector via HDMI capable receiver? Also, if I did that, how do I channel the sound from Blu Ray to all my speakers via receiver?

Thank you