CrunchDeals: Full home theater system, with 37-inch LCD HDTV: $629, no rebates

I featured this buyer-made combo below in the Black Friday round-up, but it was so good I figured it deserved its own post so it wasn’t overlooked. Target is selling two items that, when put together, make one hell of a great home theater set-up. If you’re in the market for your first HDTV, and want to really do it right, this is your one awesome chance.

It’s a TV and a home theater combo, both heavily discounted. The TV is a 37-inch Olevia. It supports up to 1080i or 720p, and as someone who owns this very TV I can say the picture is oustanding. The HDTV has one HDMI input, one DVI input, one component input, as well as VGA, composite, and S-Video. It’s going for $549, which is a steal.

It should work perfectly with the Magnavox 5-disc home theater system Target is offering for $79. The system is a fantastic deal: Dolby Surround in 5.1 with speakers, as well as DTS and a USB port for playing supported media off thumb drives and other USB devices.

Together, they’ll change how you watch movies and even TV at home. You’ll want to upgrade your cable to HD, which should only cost $10 a month. And the Magnavox system has digital inputs, so your TV will now be in surround sound as well. That alone is worth the $79 upgrade.

If anyone takes them up on it, let us know here. We like to help.

Olevia 37″ HDTV

Magnavox 5-Disc Home Theater [Black Friday 2007]