replace a full Cello System?


an open question, and your comments are highly regarded...
I have a family friend with a Cello system (Palette, Performance II Amps, PS, Stradivari Speakers, strings). Its a monster system and she likes it. However, she has moved and believes the system is too big for her now. Given the current quality of her gear, can anyone suggest a 2009 approach to the following listener needs...(I know its subjective and apples/oranges, but please humor me)

- full sound, high definition
- power not as important (small apartment)
- speakers can't be huge
- she likes the palette, is there another pre that has parametric eq out there?
- CDs will be primary source, need input for one or two more sources in the future
- need to be able to pay for the new equipment with the sale of the old (preferably with money to spare)

I'm afraid I've been out of the game so long I'm not sure of a starting point. Any suggestions toward a solution would be helpful. thanks.
amfibianandrew
She isn't going to be able to buy a new Goldmund system with the proeeds from the Cello system.
I would suggest for her to experience a well set up pair of Vandersteen Quatros......
They are the smallest full range design I know of with real world performance.
This speakers is known for its superb performance size factor.
The Quatros offer a unique Non Digital room compensation feature allowing maximum performance in small or large environments and flexable placement even 4 inchs out on close to wall placement.
Vandersteen Audio also offers peace of mind having been in Biz for over 30 years
Cheers Johnnyr
the only good advice from a music and financial bent...keep it, and have a little less space.
Dear Amphibian, other than Jaybo's advise above, I can suggest she change ONLY the speakers. For a smaller sized model.
Depending on how small the new space is (how small is it, btw??), these speakers could be a respectably "wide range" / fullish sound floor-standers or smaller, stand-mounted, with the addition of two subwoofer modules.

Considering the ground rules you gave, it does NOT make financial or sonic sense to get rid of the present system; a commensurate replacement today (the "2009 system") would be extremely costly (Goldmund, FM acoustics, Soulution, come to mind). Her equipment, spekaers apart, does not take up too much space, no less than most contemporary stuff (fm acoustics being a notable exception).
I'd go active ATC SCM 20 and a 0.1/12 sub in an appartment. The Cellos were used in mastering - they have a 3 inch dome midrange - the ATC's 3" dome is probably the highest regarded dome midrange out there and has the same studio pedigree (used by Telarc). Keep the palette - if she likes it then nothing else wil lcome close.