I suggest you locate a DVD player with SRS TruSurround. That technology has pleased me with 2.1 for DVDs. My first Pioneer DVD player had it (4 years ago). It seems to be getting difficult to find. I know that some Denon and Marantz players have it. I'm guessing the additional licensing fee has kept it from the entry level players.
I think you'll need to high pass your monitors so your comment about bass management is right on. The Outlaw receiver, I think, has 2 channel bass management. Your sub may already provide a high pass filter for the satellites.
Get the largest 16 x 9 screen you can based on your viewing distance.