IMO:
1) Speakers contribute more to the character of a system than do the other components (maybe exception = cartridges).
2) Amplifier technology is much more mature than digital front end technology. A quality amp will please for many years. Digital is outdated much more quickly.
3) A budding audio hobbiest may not be atuned to his/her preferences regarding characteristics of a system.
Given the above and a budget of 5K, one reasonable suggestion might be to set 30-40% of budget aside for speakers. Split the remainder to an integrated amp ~30%, digital front end ~30% (maybe less depending on type}, and the remaining 10% for cables. Purchase the amp, front end, cables and a lower budget pair of speakers (eg. B&W685 at $650 retail) setting the remaining funds aside for future speaker purchase. Enjoy this system while exploring the speaker market and identifying the system character that most pleases. Once identified, upgrade speakers to satisfy. There are simply to many quality 1.5 - 2K speaker systems to judge, all sounding quite different. In putting this system together, remember that the room is a most important component and interacts with speakers to a great extent.
1) Speakers contribute more to the character of a system than do the other components (maybe exception = cartridges).
2) Amplifier technology is much more mature than digital front end technology. A quality amp will please for many years. Digital is outdated much more quickly.
3) A budding audio hobbiest may not be atuned to his/her preferences regarding characteristics of a system.
Given the above and a budget of 5K, one reasonable suggestion might be to set 30-40% of budget aside for speakers. Split the remainder to an integrated amp ~30%, digital front end ~30% (maybe less depending on type}, and the remaining 10% for cables. Purchase the amp, front end, cables and a lower budget pair of speakers (eg. B&W685 at $650 retail) setting the remaining funds aside for future speaker purchase. Enjoy this system while exploring the speaker market and identifying the system character that most pleases. Once identified, upgrade speakers to satisfy. There are simply to many quality 1.5 - 2K speaker systems to judge, all sounding quite different. In putting this system together, remember that the room is a most important component and interacts with speakers to a great extent.