Extremely budget minded system for under $500.00 ?


I am helping a friend look for a system to start in. Any suggestions for a $500.00 limit budget? Speakers, receiver and cd player, or all in one unit. I know that for most of us the ultimate is something we srive for (and the cost sometimes exceeds our initial expectations) but this is a serious question and may I add, a challenging one. The $500.00 is maybe even pushing it. I would appreciate some help on this one. Thanks
proclaim123
NAD L40 CD Receiver (about $400 on A'gon) and Paradigm Atom or PSB Alpha B speakers (about $100 on A'gon). Home Depot bulk 12 or 14 guage extension cable for speaker wire - puts you over budget about $10 though. Maybe the L40 comes with some rough speaker wire, or you can negotiate it into the deal. Good luck - a rough price point!
Groovybassist really has a great idea here. I second it as a great package!

Bill
Toshiba or Sony entry level DVD player (unbeatable for $50-$60), Infinity Primus 150 bookshelfs and a Cambridge 340A integrated.

I've recommended that system to several friends and almost turned one into an audiophile with it. Stick with basic cables, if your friend shows interest add cables and power conditioning...then bring over your best music to enjoy it!
Hmmm, anybody want to ponder the logic of hooking up a $50 DVD player with a $40 cable?
Start with Swans M200 powered speakers (http://www.enjoythemusic.com/magazine/equipment/1101/swanm200.htm).

Spend the rest on the source. Traditionally, a competent CD/Universal player. Alternatively, an iPod or a "digital media receiver" (e.g. Roku Soundbridge, Squeezebox).

P.S. The Swans are not good if you like to play it very loud. Otherwise, a shortcut to quality sound.