It really helps to know your price range, but I will assume a moderate budget. Regardless of what you have to spend, start with the source. BlueRay is stunning on the PS3 (when I was able to get it to work - I have since returned two of them in frustration) and if that is all you watch your in good shape. But if you watch mostly regular DVDs invest in a used Arcam DV 78 for around $500. You will be amazed at what this thing does for the price. It will be MUCH better for straight DVDs than the PS3.
After that, I would go for an Arcam AVR 350 receiver. Then I also would get a Furman line conditioner that is in your price range. You can find this on Audio Advisor if you don't have a local dealer.
After all this, if you still have money, look at upgrading your speakers.
After that, I would go for an Arcam AVR 350 receiver. Then I also would get a Furman line conditioner that is in your price range. You can find this on Audio Advisor if you don't have a local dealer.
After all this, if you still have money, look at upgrading your speakers.