I second stringreen's comment, I've found power cords to make the largest difference, then, for me, it's a tie between the speaker, interconnect and cables.
Also I second ghosthouse's comment, don't listen to us, reviews, audioholic bloggers, get your hands on a few different cables and listen. I would not say cables are subtle, but I agree that the speakers are first, and electronics second, but the cables are right there too. Listen to a few cables with your ears...you'll find which one works the best for your system.
Also I second ghosthouse's comment, don't listen to us, reviews, audioholic bloggers, get your hands on a few different cables and listen. I would not say cables are subtle, but I agree that the speakers are first, and electronics second, but the cables are right there too. Listen to a few cables with your ears...you'll find which one works the best for your system.