If I were you, I would upgrade the receiver and the cd player, and spend less on used speakers - you must balance the system to get a good sound.
You could get this NAD dvd receiver and buy used speakers, and you will end up with better quality sound.
http://www.spearitsound.com/product.cgi?group=322&product=5146
http://www.ebay.com/itm/2-Paradigm-Reference-Studio-20-High-Definition-Subwoofers-Speakers-System-v-1-/261114333518?pt=Speakers_Subwoofers&hash=item3ccba0894e
Spend a little to upgrade the cables and you will end up with a surprisingly good sounding balanced system for under $1000 complete. You will have left over for a stands for the spekaers.
http://www.accessories4less.com/make-a-store/item/IXOSXHS806SREM/IXOS-Xhs806-11-Awg-Gamma-Geometry-Speaker-Wire-White-9-Foot-Piece/1.html
You could get this NAD dvd receiver and buy used speakers, and you will end up with better quality sound.
http://www.spearitsound.com/product.cgi?group=322&product=5146
http://www.ebay.com/itm/2-Paradigm-Reference-Studio-20-High-Definition-Subwoofers-Speakers-System-v-1-/261114333518?pt=Speakers_Subwoofers&hash=item3ccba0894e
Spend a little to upgrade the cables and you will end up with a surprisingly good sounding balanced system for under $1000 complete. You will have left over for a stands for the spekaers.
http://www.accessories4less.com/make-a-store/item/IXOSXHS806SREM/IXOS-Xhs806-11-Awg-Gamma-Geometry-Speaker-Wire-White-9-Foot-Piece/1.html