Now that the HD DVD player for the Xbox 360 is forthcoming in November, let's set up a home theater around that sucka. Here's a 5.1 home theater audio system designed specifically for the Xbox 360, the Pioneer HTP-GS1. It supports DTS, Dolby Digital, NR and Pro II, and even has a special setting for MP3s, making those substandard audio files sound butta-smooth. No release or pricing info was available yet, but we're betting this system will be around the same time that HD DVD peripheral drops.
Pioneer HTP-GS1 home theater for Xbox [Akihabara News]