Let me see here, a NEW home theater system?? For $1,500.00?!?!?!?!?!?!?!
Well, a home theater system for $1,500.00??? Well, it can be done. But a brand new one??? Well, I don't know about that. I'm with "Sugarbire" here. For just $1,500.00, I'll be going used too. And DEFINITELY, you won't be getting a "high-end" system either. But even at $1,500.00.... a home theater is possible.
My recommendation for a $1,500.00 home theater system is as follows:
Speaker System: B&W DM302 (Fronts and Rears) + B&W CC3 Center Channel (used......... and you're going to need two pairs) -- $350.00 + $350.00 + $130.00 = $830.00 (No Subwoofer.......... You can get a subwoofer later on)
Audio/Video Receiver: Onkyo TX-DS494 -- $300.00
DVD Player: Toshiba SD-1700 -- $200.00
TV/Monitor: Provide your own
Cables: Radio Shack (for now.... upgrade to Monster Cable or Kimber Kable later on when your budget recovers) -- less than $100.00 (for the whole system)
Power Conditioner: Try a cheapie at your local Home Depot for right now, then upgrade to a Monster when your budget recovers -- $30.00 to $50.00
This is what I would go with right now. Good Luck.