To all you guys,
I didn't know that one liner would stir up so much reaction. Sorry there.
You're all correct, that P1M would be better off buying a lot more sensible stuff than this hobby of ours. But guys I'm just allocating a paper budget. I remember in 1996 when I started getting a prologic set-up, I allocated P200T for my paper budget a year earlier. And I ended up spending less than half of that (together with other components) in reality
I did some recent math and so far the budget gives a lot of buffer. Just for your info the budget breakdown is as follows:
SACD player: US$1,000
DVD-audio player: US$1,000
HT Preamp/decoder: US$2,000
5 ch Main amp: US$2,500
5 speakers: US$4,000
Active Sub-woofer: US$1,800
16:9 TV: US$2,000
TOTAL: US14,300 or about Php730,000
TV/Audio racK: Php20,000
The buffer should take care of any incidentals like taxes, shipping, or bribes if needed, plus some SACD/DVD titles and cables. I arrived at the P1M budget last February based on prices at that time and I see them going down. And hopefully the prices will still go down by end of this year.
I still am not settled with any particular brand, though Krell amps, Mirage speakers and Rel Storm are very attractive. And if I can get good second hands, why not. If you guys have a cheaper or better alternative, I am most open to suggestion. Thanks.
PS. To Moderator, perhaps you may want to repost this to the right thread. Thanks.