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need a surround sound system.

I have a budget of £300 (may be able to put another £50 but don't want to)
I don't need a one with a built in DVD/Bluray, but it must have coaxial inputs and support Dolby digital and be at least 5.1.

Considering my budget will I be best getting an all in one, or go for a home cinema amp and seperate speaker package?

Any suggestions welcome.
If at first you don't succeed, maybe bomb disposal isn't the best career choice.

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