Dell Home sells the Panasonic SC-PT480P-K CD/DVD Home Theater system at a nice deal.  This system not only has a built-in DVD/CD player, but include 5 speakers and a dedicated powered subwoofer for full surround sound.  The DVD player can upscale your DVDs to 1080, HDMI output and more.

The price is $199.99 – $40 instant discount + $0 S&H = $159.99!