If I understand you correctly, you are contemplating between a power conditioner and a system cabinet. Before I got my Monster Powerbar 2100, I was using well insulated cables for my analog signal from my cable company. There was some snow effect. When I received my power conditioner, it seems that the AC noise gotten filtered, thus, no more snow effect. Similar to your case, I don't have enough shelf on my audio rack. Hence, I hang the Powerbar on the wall next to the rack. You can always use something better than the Powerbar for your audio gears. In my case, picture quality was the top priority since so much money was spent on the plasma.
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