Jkalman,
It would be easy enough to just answer DITTO. I believe in speaker cables & power cords. I run fully balanced from CD to amp. Phono is a different story. One of my phono stages yes, the other no. And you are 100% IME that interconnects have much less relevance when you are running balanced. The Lamm room was incredible. The BAT room was a little small but it did some things incredibly well. I heard some of the best Piano ever. I run full VTL pre & amp. I heard it at HE 2004 (I think) and went nuts over the sound. WP7s, Watchdog, & VTL MB750s & 7.5. They were using the ARC cd player. I went to Audio Aero but then switched to Meitner. The latest is amazing. I love SACD, but am a Vinyl guy at heart. The new EMM definitely brought SACD much closer than I ever thought.
Now let me shift gears. Never mind XBox & Playstation, Get the Nintendo Wii. I love it. It will make a grown up a kid again. It is such a wonderful technology. If you don't like it I will buy it off of you. The Sports package that comes standard is the way to go. That will keep you busy for a long time. You will do excercise while listening to music.
All the best.