I think dual over under center channels will cause more problems than solve. In a real theater the speaker is behind the screen. Can't really do that with a DLP TV. I prefer setting the center just below the screen. The reason being that most dialog is sent to this speaker. Watch most material and the mouths of the people on screen are closer to the bottom. Voices from the sky are not very convincing. My rules for placement start at 24"-36" off the floor bottom edge of screen. Center speaker as close to the bottom edge of screen as possible. Higher up has less floor interaction which will muffle the sound. L&R speakers just to the side of the screen near the bottom 1/3 of the screen. This gives you decent panning left to right without sound jumping up and down vertically. If you have floor standers you can try pulling them out a bit to form a nice arc equidistant to your chair.
You can place a speaker on it's side. A 2-way won't make much difference. The 3-way might be less convincing because the drivers are spaced out more. You might hear more treble to the left and bass to the right for example. Vertical placement might be best. Tweeter just under the screen.
As for home made subs, you can spend a lot of time and money and not get good results. Also pretty much worthless resale value. The velodyne DD series is pretty impressive. Try to find a dealer that can show you the set up process. If you really must, I would find a kit or plans on-line. Maybe Madisound has one? In the end, you probably won't save money.
You can place a speaker on it's side. A 2-way won't make much difference. The 3-way might be less convincing because the drivers are spaced out more. You might hear more treble to the left and bass to the right for example. Vertical placement might be best. Tweeter just under the screen.
As for home made subs, you can spend a lot of time and money and not get good results. Also pretty much worthless resale value. The velodyne DD series is pretty impressive. Try to find a dealer that can show you the set up process. If you really must, I would find a kit or plans on-line. Maybe Madisound has one? In the end, you probably won't save money.