Check out the following audiogon thread:
My approach is different from your approach, but i have decided to add anyways under "what would you do?".
I would not get the NAD if i did not like it. I would get the Arcam if I did. Monitors just do not need that much power, especially when quality is compromised. I also do not understand biamping a ~$700 monitor. It's just more of the same, but not really more. Because you like seem to really like the Arcam, I am not thirlled by adding this but a used Classe CAP-100 or 80 (both rated at 100w) is in your budget.
And BTW-FYI-the 105w rating of the C370 is very conservative.
Good luck, hope you have fun buying and listening.
If you like imaging see if you can get to hear some EposM12 speakers. Used they can be had for around $500 and I think they're a very good all-round stand mount speaker. New I think they're nearer to $800. In case you haven't heard of them Epos is now owned by Creek Audio so they're backed by a good manufacturer.
thanks for the suggestion on classe. hadn't heard a lot about them. i'm also interested in a rega mira but they don't seem to have many retailers in the US....
as for bi-amping, well, probably not right now but if i decided to get floorstanders sometime. i don't know if any of you are aware of the prices of B&Ws in Europe, but they are about 30% cheaper as a result of the lower initial retail price and exchange rate, and then when you factor in
the fact that you get the taxes back when you leave the country, phew. guess who's going to france in march?
i forgot to add that because we're buying this with wedding present money (register for pots and pans, not us!) my wife absolutely refuses to buy used! so that is a factor unfortunately. we'll probably get a cd-player used or refurbished, but right now I'm just going to run "audition" music off my computer, which has a $200 24-bit DAC pro audio recording card.
Another good choice for an inexpensive monitor is the Mordaunt short MS-90. It sounds much like the Epos12 mentioned previously. It has good imaging, and room placement doesn't seem to to be a big issue. They are not well represented in the US, but are worth a listen if you can find them. I'm using a pair with a REGA Mira and it's a good combo.
You may want to see into a jolida integrate ($700), a cambridge D500 (I think) CD player ($450) and sound dynamic RTS-3 (Audio Advisor $200).
The integrated is a tube preamp/solid state amplifier - many think this is the best of both worlds, plus you can later upgrade the tubes and power cord for better sound. The CD player is stereophile recommended class C - many tweak the power cord.
The speakers are rated at 90db sensitivity - don't require much power to fill the room plus they sound well at 45Hz (i.e. good bass for a small speaker!!)
You can then look up for good interconnects and speaker cables in audio advisor plus speaker stands - OK, you maybe a little over budget now - but it will be nice!!
Good Luck, Salsero