I understand it is bad form to reply to your own post, but I realized after I posted my messages that I had the wrong prices there. I know I can get the items a little bit lower than that.
Everyone will have their own opinion, and many will advise you to buy used. Personally, if you're just getting back into this thing, you should have some support if you need it. IMO, rather than the Marantz, check out Audio Advisor - they're blowing out the Cambridge A640 Integrated with the matching CD player for $400 each. I think those are great pieces of gear. They also sell the PSBs you're looking at, so they can set you up with cables and all the other crap you'll need.
Don't get crazy with this - no matter what you buy, someone will tell you to buy something else. It's a whacky hobby that way. Still, I'll go out on a limb and venture a guess that nobody here will tell you you can beat the Cambridge separates at that price or near it. (watch this!) :)
You've been away but what equipment do you already own? What's your existing favorite component? Do you need to replace all of your equipment?
You have $3,500...buy one thing special like an amp or speakers for that money. They will keep unlike a CD player...Maybe, a vintage McIntosh or Marantz for that matter, or something newer.
If you need to get rocking, then I agree with the others...get the best value for your money...and enjoy the music.
Most important...take a few hunded bucks out of the $3,500 and buy a buddy a killer dinner in Denver...so you can listen to equipment.
I live in a City (Tallahassee, FL) w/ no high end audio retailers. As this is the State capitol w/ 2 huge universities,one would think there would be sufficient demand from wealthy politicians, lawyers, lobbyists and tenured professors for a high end retailer to make some $$$. The nearest high end is in Gainsville - 2 hour drive.
Anyways. I used to own a pair of T45s and loved them. So I vote for the T55s. Also, as posted by Chayra, the AA deal on the Cambridge components is a great value. At the low end of high end, Cambridge has a great reputation.
Thank you everyone for your replies. The last time I bought a system was in the mid 1980's. Our house was robbed and the entire system was stolen. I ended up replacing it with a Sony all-in-one stereo that I was never happy with. I think I'm going to buy a mid-range NAD system with PSP speakers until I get a feel for exactly what I want. Things have changed quite a bit since the 1980's.