First time poster, hoping to get some advice from all of you knowledgeable people. I've recently been so lucky as to inherit two pieces of equipment from my grandfather: an MC240 McIntosh Amplifier and C22 McIntosh preamp, both from the early 1960s.

I am interested in using these components to start building a hi-fi system. Unfortunately I am a law student without much disposable income, so I'd like to get some low-cost decent equipment that won't embarrass the McIntosh, with a reasonable upgrade path as I have more money to spend.

I am, by no means, an audiophile, but do appreciate good sound quality as far as my ears will let me. Currently my primary method of music listening is through my computer/Zune HD with either my Ultimate Ears Triple.fi 10s or Grado SR-80s. My music collection is a mix of ripped lossless files from CDs and emusic/zune pass monthly downloads. I realize that the mp3s are going to be a problem here, but it is what I have at the moment. Some records are coming along with the stereo and I love the sound of vinyl and would love to start collecting there as well. I listen mostly to indie rock, with some classic rock, jazz, hip-hop, etc. thrown in. Pretty typical mid-20s NY music snob.

With that for setup, I'm thinking I probably will need to start with a set of bookshelf speakers, a turntable, and potentially a DAC, plugged into my computer and/or a zune HD dock with optical out.

I've done some research online, but wanted to get people's thoughts.
As for speakers, I was thinking of the Audioengine P4, PSB Alpha B1, or Paradigm Atom (v5? v6? monitor?) speakers. All are in the $250-$350 price range as far as I can tell. I'm perfectly comfortable buying used (hey the amp is 50 years old!) for decent stuff.

For a turntable, I was thinking either the Rega RP-1 or the Pro-Ject Debut III. The Pro-Ject seems available for a bit cheaper and if they are the same quality, i'd just as soon save a bit of money here.

I have not really done much research on the DAC, and might try to wait until after the summer when I have some extra cash from my law firm internship to invest here. Thoughts or nudges in the right direction would be appreciated.

First question is, am I in the right ballpark for these components given the amp/pre-amp? Is the McIntosh 40 watts sufficient to power these speakers, etc.? Would a sub make a big difference for my type of listening? If so, how would i go about incorporating that into my setup? Second, comparing these components, what are people's opinions. I realize it would help to audition the speakers, but I haven't been able to find a place that carries them all. Then again, I am in NYC, so maybe someone could suggest a store to listen at.

I know this is long, but I appreciate everyone's thoughts. I've done some reading in the forums here and it would be great to get the expertise of all of you.

thanks!

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