You really one need one dedicated line if your system is either 1) only audio, not HT + audio (in which case get 2), or 2) not using monster 1000watt class A mono amps. Ok, #2 is a bit of an exaggeration but only the most current hungry mono blocks will require more current than a single dedicated line will delivery to your entire system.
More than one dedicated line can also cause problems if they are not on the same phase. It is necessary for them to be on the same phase if you don't want to exacerbate ground loop problems.
In my case, I installed two lines on the same phase (tandem 20a breaker makes this simple), one for audio, one for video. This is probably still overkill, but I was planning ahead for HTPC and projector needs in the future.