Neo,
Some HTPC basics (to get rid of your confusion)
1. You don't need to buy everything at one go. Doesn't make sense, and you generally land up with outdated hardware. The whole point of going the HTPC way is using your hard disks for central data storage, getting access to all your audio and video at lightning speeds, no need to change CDs/DVDs/BDs
2. All you need is a good HTPC motherboard. As venkat mentioned, I have listed my specs in another thread. SEARCH! 2 gigs RAM is more than enough (dual channel, so 1GB x 2 sticks), 2.5-3 GHz processor.
3. Get a good CD drive (ASUS or the likes) for CD Ripping, DVD drive for DVD ripping. Blu-ray SATA drive (read-write) is for $250, no point unless you have access to enough bluray discs, so DONT rush!
3. Use EAC, rip your CDs into FLACs or APE, and store them in the hard disks.
4. You can easily get SATA RAID in a HTPC motherboard which allows multi-disk set up as RAID 0/1/0+1 depending on protection/ performance
5. Read the HTPC thread for recommendation on sound cards (search Asus Xonar, Auzentech for results). There is enough information.
Specific answers:
1.I understand i'll have to get a separate audio & video drives if i want a good stereo performance. What are the good options for a cd drive & Blu ray drive?
Rip data, play from HDD. Bluray drives I have already mentioned ealier. google those for prices/availability.
2. What are the sound & video cards should i look at? Will i need a separate graphics cards a well?
PLease read this review on the ASUS Xonar HDAV1.3 thoroughly to get an idea. Also, look up reviews on Xonar D2X.
http://www.elitebastards.com/cms/index.php?option=com_content&task=view&id=613&Itemid=27
3. @ Bhaskie why an AMD & not Intel.? As Ive had really bad experiences with the former. What are the motherboard & processor i should look at?
AMD is cheaper. I have been using AMD mobos in 4 PCs for the last 8 yrs now (other than my lappie which runs on a PentiumM, all others are AMD). Mobos are cheaper. Performance has always been exceptional.
What bad experience have you had with AMD, can you share with us?
4.If i have HTPC will in need to have a device like TVix, pop corn hour, squeeze box etc? Which one of them is the better option?
No need for these unless you need wireless streaming etc. Dont get these now. You can build up the HTPC without these. Save money and trouble. Too many devices will only result in redundant hardware and increase points of failure.
5. What are the softwares that Ill require?
Most of them are free, some of them come with the HD sound card.
I use mplayer (exceptional scaling) and vlc for all video, foobar2000 for audio. This is an activity once you build the HTPC and want to play bluray etc. FFDSHOW does a lot of processing/scaling for your other applications, and it is free. Read up on this online, there are tons of pages on this.
6. Ill be using the pioneer 428 as a display Im guessing this should be okay? & from what in know of a normal pc can be attached to it .
Your mobo or pci-express card (like xonar HDAV) will have HDMI out and coax out and optical out which you can plug into the display or AVR or amp. Also, these audio cards have 7.1 analogue outs to plug into AMP or AVR analogue ins.
7. What is the price range that Im looking at?
Depends on the power supply, cabinet (super quiet ones are expensive), RAID or no raid, number of HDD, but within 75K you will have enough hardware to get a smile on your face and play (almost) all media.
I'd spent 25K last feb (I already had HDD etc) to buy just enough hardware to play everything except blurays.
cheers!