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In article , lid says...
Hiya,
First off, I've been out of the audio "knowledge" if you will for some time.
The last component I bought was a Nakamichi
reciever some 15 years ago. I'm in a new home and am looking for some help
in deciding how to outfit it. I'm leaning towards
a Home Theater type setup with a Yamaha RX-V650 (or maybe the 750....I'd
still like to listen to my vinyl) to start. I should mention,
neither me or my wife are audiophiles and I really don't want to spend more
on the system than I did on my house! A few dilemmas I was
hoping to get some advice on:

1. Will this receiver work ok to play audio cd's? I know it's largely
geared towards DVD's and home theater but was hoping it would work
ok with audio CD's as well.

It will work fine with CD's

2. The receiver is probably a bit of overkill actually for my application.
I won't be able to run rear speakers unless wireless and my understanding
is wireless units are still pretty poor. I'm hopeful that a few years down
the road, there will be wireless speakers that are decent. I can't run
wiring in the location, hence no rear speakers.

Not a problem. I would avoid wireless speakers.

3. What sort of speaker setup would you recommend for this application
given #2 above?

The one that sounds best to you. Set a budget and then start listening
to speakers in your price range.
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Alex