Looking to get my xbox rigged up to a set of speakers for the living room. Got about £150 to spare - any ideas on a budget surround system?

For £150 you'd probably get better performance out of a stereo system, rather than trying to skimp on multi-channel, 'though £150 would probably get you an 'out of the box' solution from a catalogue shop?

Nick,

I've got this one at home:
http://specialreserve.co.uk/Logic_3_Silver_4017_r.html

It's not spectacular, but it does the jobs for games, and the subwoofer is decent enough too...under a £100 as well - bargain!

I've got a Creative Inspire 4.1 rigged up on my PC. It's a bit old now but you get a great surround sound for games - and I'm guessing it would work for xbox?