Well, until last December I did have a full-on 5.1 setup - ATC Active 10s for front, centre, and right channels, pair of Mission 77DS for surrounds, ATC Concept 4 sub. The front L and R were plugged into an ATC CA-2 stereo preamp (with Meridian 507 CD player). This was jacked into a Yammy E800 (pretty popular piece of kit, it seems) which took care of surround processing & amplification for the surrounds. Sounded pretty damn good in both music and movies, and not compromised in either.
Then I heard the Active 20s. :MILD:
Hifi has always come first for me so I traded in all my Active 10s and the sub in order to be able to afford a single pair of Active 20s. I now have the same pure stereo system (except with the 20s of course), but my AV system has been somewhat thinned out - 4.0 surround rather than 5.1...
The 20s are so much better than the 10s with music that I wouldn't care if I'd done away with my AV rig altogether... But that said the single pair of Active 20s does a surprisingly good job of producing a front soundstage (at least, for whoever's in the sweet spot - usually me of course!

), and I really don't miss the centre. They even produce enough bass that I don't really miss the sub that much...
Eventually I'll get myself another Active 20 and a nice meaty American sub and flesh out the AV system, but that'll be a while away for financial reasons. Nae bother, though - I'm happy with my system as it is.

(I think some acoustic treatment will come first.)
Dunc
P.S. - I use a Sanyo Z1 projector for the V part of 'AV' and it's brilliant! Anyone not sold on the idea of using projectors for films needs to see a decent one in action ASAP! Prices have gotten really reasonable, and the latest crop of budget offerings have really reached the point of being essentially flawless.
P.P.S. - There have been LOADS of great movies out in the past few years. DOZENS. The movie industry is much like the music industry though: you have to look a little
beyond the Top 40 to find the really good stuff - and there's loads of it! Actually, there's been quite a few really good mainstream movies recently too... AFAIC these are good days for film fans. :beer: