Please recommend components for newbie with $1K


I currently have a late-90's Sony cd player, a pair of old Realistic speakers that are hand-me-downs from my father-in-law, and a Scott 418-A integrated from the mid-70's (I think) that I acquired at a pawn shop when I was an undergrad. Sounds pretty bad, so I want to upgrade. I can put in $1000 now, so I want to get speakers and an integrated amp or a receiver. I guess that gives me around $500 for each. I need the amp to have A/B speaker switching. A phono stage would be nice too, although I'm not opposed to getting a separate phono preamp in the future if necessary. This system will be a smallish room, about 14x10, 8' ceilings.

Unless I can find something used, I'm leaning toward the Marantz PM7200 integrated. Local shops have also suggested the Integra DTM 5.3 receiver. I would buy the NAD 720BEE today but it's $540 before tax.

Thanks for reading. Any amp and speaker recommendations will be greatly appreciated.
reanalyst
I set up a fantastic system for my son that was substantially less expensive than $1k. It features a pair of Vandersteen 1Bs with stands (used-$200/pr.), a 25 wpc NAD integrated amp (used-$150), a Sony SACD 5 disc changer ($125 @ Best Buy), Audioquest budget interconnects and speaker cable ($75.00), and an equipment stand ($120 from AudioAdvisor). This set up is unfailingly musical regardless of program material. He uses it in his 12' x 14' bedroom, where it sounds equally great cranking Rage Against the Machine, as it does mellowing out with Damien Rice (my selection, not his).
Used Vandersteen 2ci and Audio Refinement Complete would come in right around $1K and give a real taste of the high end. Not really heavy metal rockers, but perfect for blues, folk, bluegrass and most of the rockers you have listed are not hard-core. That pairing might be a little bit polite, but very listenable and forgiving. Might accommodate a little bit forward CDP pretty well.
Epos M12 or ES11 speakers. Try them with your Scott tube amp before chucking it. Integra is really bright to my ears. Creek A50 integrated sells for ~$500 used at Audiogon and is voiced for the Epos.
Get the NAD. The NHT speakers are a good suggestion. For floor standers,the Von Schwieckert VR2s are a great choice but they exceed your budget used you may find a pair for $1200. They are worth the investment. Did you consider the NAD 320cbee (I think thats the name) Its a real bargain for an amp.