Best speaker under $500


I am looking for my first audiophile system and am, of course, on a budget. Any suggestions? Thanks.
pmcmanis
I put a second in for the B&W 302sII. Great, accurate sounding speaker, easy to drive. Can find them for at least as low as $510.
Epos Es 11's, or ES 12's if your room is fairly small. Several steps up the ladder from the B&W's, IMO, but more expensive too. 400-500 used, plus stands. Superb midrange.
The B&W 302 list for $250 a pair brand new; not sure what speakers Puresound is talking about. For the CDM-1 used, get the original ones. They are the ones that won all the awards. The CDM-1SE is not as good. The new CDM-1NT are OK, but will cost closer to $1K used.
If you do not mind used the 302 go for $175+ on places like eBay and here. A steal at $250 leaving more money to spend on the rest of the system. Great re-sell value if you upgrade later.
Not speaker. You might check out the Cambridge Audio electronics. Their CD player d500se (349) and a500 integrated (389) are excellent starter audiophile quality stuff. The Paradigm Studio 20 is a step above the B&W 302 and 602 IMHO. Used for about $450-500.