Thank you all for your input.
Okay, no sub for now - 1 less thing to worry about.
I initially was only trying to get a setup for my turntable, but then my father was looking for a soundbar or speakers for the new TV we have in the lounge area so I thought of extending my setup to include the TV.
But if it's easier to purchase some average active speakers with DAC for the TV and then focus on my setup purely for music (vinyl on the turntable, and occasional iPhone/iPod/laptop connection) then I'll do that instead.
If this is a better approach then please recommend a good pair of active speakers and DAC - I was looking at the Audioengine A5+, any good?
Okay, so for my music setup, integrated amp (preamp + amp) or high end HT processor? I guess if no TV is in the mix then the integrated amp would be a better approach right? And I would still need a DAC if ever I wanted to plug in laptop for example, right? Any recommendations here? Unless of course you guys tell me that it's still a good option to try to incorporate the TV for my father and I should go down the HT processor route?
As for budget, I don't know how much I should be spending on an amp or HT processor. I want good quality, I like to have the best or close to. I know in this game the best could cost $25,000 for example, and I'm not going to pay that. But let's say $1,500 max, but of course if there are ones in the 400-800 area for example that will bring out the best of the speakers then great! I'll leave it up to you guys for recommending a few in different price categories with pros and cons.
Can you also please recommend a good phone preamp if the one I was looking at is no good?
I am interested in the Klipsch RF-7 II speakers based on some research and some reviews but I'm open to alternatives. I have a few others on the list that I was considering - PSB Image T6, Wharfedale Diamond 11.5, Aperion Audio Intimus 6T, Dali Zensor 7.
I guess, I'm open to any suggestions for both setup and type of devices, as well as the devices themselves.
Everything l came up with was all based on my research and knowledge but it clearly shows that I have a lot more to learn. Hopefully I'll get there and over time be able to experiment with different products and setups to one day contribute as you guys do :)
Many kind thanks once again, nice to know that there are audiophiles out there who are willing to share the wealth!