Need some help putting new system together

I second the Von Schweikert route for the speakers. Depending on your interest in music, you could use VR-2 or VR-4JR for fronts instead of VR-1. I have had VSA speakers for HT for a couple of years and they match up and integrate really well. I would suggest research and audition of Arcam, Sunfire, Integra, or Anthem for pre-pro/amp or receiver side of the equation. Denon is a good way to go on the DVD player.

My living room is only 15.5'x 16'. I was actually looking into the Von Schweikert System 10 Theater Package.Do they make stands for the TS150 surrounds?

Call Kevin at VSA, he'll be able to help you out. Good luck.

Jmy350z, here's your situation...
First, you'd ideally need to specify the actual space the system's going in! What's the dimmensions of the room? I presume 8' ceiling height, yes? Also, the layout options? Acoustics? (Carpet, teil, wood floors?..what's the ceiling like?). Also, what's your lifestyle for listening to music and movies? Is it just you, sitting in one chair all the time, or are you entertaining others, and need multiple seating arrangement? Do you listen to music loud(appartment consideration), and what type? MOST IMPORTANTLY, do you like to sit in one spot and listen critically, or are you a casual music guy, who moves around the appartment when listening? This all matters!
Is there any type of gear/speakers you're partial too, from the past? What have you heard that you like?
more info, the better...

8' ceilings,you are correct.The floor is carpeted.Most of the time while watching movies,I have a few friends over,I do not listen to music that loud,and I am a casual music listener.