I'll be using my HTPC for DVDs, CDs, movies and music ripped to the hard drive, (or maybe to a server). I'll be throwing in a TV tuner card with FM reciever, although I'll probably only be using the FM, at least initially. (Can't find an AM reciever, but that's no biggie.) It's going to be hooked to my Logitech Z5500 505W 5.1 surround sound via digital SPDIF from a Creative Labs Audigy card. It has a touch screen display that I'm upgrading from 17" CRT to 6.3" LCD, and I'll need to rewrite the software on it.
To me this offers exceptional value for money, because a, I can't afford anything more, and b, I wouldn't appreciate any difference in quality anyway. As SupraGuy noted in a thread this isn't a "real" setup, and he's right, but to me it is AWESOME!

Don't let people dissuade you because of their personal preferences, make the decision on whether it will work for you.