Something amazing - what would you buy

Wow, nice budget and the potential is incredible.  I just completed my third theater room in 12 years.  My current room is 15' D x 20'W and seats six.  This is the smallest of all of the TR's that I built.  The  difference is that mine is a dedicated theater room, as I have a separate two channel listening room.  

Well, you hit a home run with the Projector choice.  I was going to buy that one also until I unfortunately became functionally blind a couple of months ago.  Therefore, I thought why spend that money if I can't see the detail and brightness of the picture.  Sp I opted for a way less Sony 695 version.  It is OK.  My screen is a 130" Severtson thin bezel bright white.  They are used in many movie theaters.

It is just my opinion but you lost me when you said B&W speakers.  I considered them in my second house but found the sound to be dull and uninspiring.  Even for two channel listening, I am not a fan of B&W...Again my personal preference.  I think you can do much better.  In my latest house I decided to give Tekton a try.  Eric, custom built me a 5.2.2 in wall system of Double Impact speakers including Atmos.  Having these giant speakers built into the wall works great for my situation and the subwoofers are humongous.  

Are you going to do In wall speakers?  If so, you may want to look at Focal, Legacy Silhouette, Wisdom or even a custom built Tekton. However, if you are going to do floor-standers, then you really need to broaden your search.  A friend of mine had an all Wilson Audio / McIntosh system and it was really good and high end.  He also had the high end Sony projector and the picture was close to OLED levels.  

I don't ever think you can go wrong with Mac equipment.  Solid equipment, good quality and decent resale.  It is especially good for a HT.  I think it is overpriced for a two channel system and it would not be my first, second or third choice.  

My system includes Control 4, same as my last theater room.  it controls the whole house including the garage and outdoor patio and pool speakers.  I had an OPPO 105D in my prior house that I never used so I opted to totally stream in this house.  

Are you leaning toward more two channel listening or movies and sports?  Have you thought about a combination of in wall and floor-standers?  That way you can get better front speakers for two channel listening.  You need a good power conditioner.  i have an Inakustic 3500 P.  Are you getting a DAC?  Music Server?

I love your budget.  You can buy a lot of great components.  My theater room did not cost anywhere nears what yours is but if you add the two channel portion it compares.  I just happen to love music more than TV / Movies / Sports.  You can see mine on willgolf's virtual system.  Good Luck and have fun.  Take your time picking out your speakers.

I am putting in a home theater that I want to use for a music listening room too. The goal is putting together something amazing.

Cool, and welcome to the machine.  Some general questions:

• What % importance is movies vs. music, and would music mainly be mainly 2-channel?
• For a stereo music system, what sound and performance characteristics are most important to you?
• Is this Magnolia you’re speaking to?  I worked for them and know they do a lot of B&W and McIntosh along with Savant. 
• What other makes of speakers and electronics have you listened to and liked or not liked?
• Is there flexibility to change the walls in the room for better sound (you said you’re only keeping the Apple TV and the air so seemed like fair game to ask)?

Sorry to be so nosy, but the more info we have the better and more meaningful the recommendations you’ll get here. 

Good questions.  You're not nosy at all.  My friends who play poker tell me if you can't spot the patsy when you sit down to a game, it's you.  I didn't have to spend much time reading threads on Audiogon to realize I am the patsy here.

80% movies, 20% 2 channel music, but I've heard if you get a good theater system you'll find yourself listening to more concert films.

Sound performance characteristics - I do love the accuracy that I've heard from Martin Logan and have no great love for over-mixed bass.  I also think I don't have enough experience to answer the question as well, nor as thoughtfully as I would like to.

Magnolia - yes.

Others - My background is as a retail box consumer who has only just become aware of different/better options.  So I've not listened to many.  The best sound I've ever heard was Nautilus speakers with Mcintosh amps at a local high-end store.  The descriptions I've read of Sonus Faber make me think I would like those.

Walls -  Yes, to the covering.  No to the location of the walls.  It's an existing room that I won't be able to change the shape or size.