You can have a look at my dream HTPC (I am planning to get this by coming 2-3 months)
Intel Core i7-2700K Processor (All the speed I ever wanted)
Asus SABERTOOTH Z77 Motherboard (everything I need/all in one mobo and this one has IVY Bridge processor support as well - one more thing, this mobo can absorb some heat. So I don't need Coolermaster V10 for cooling off RAMs)
Asus nVIDIA SLI GeForce GTX 570 DirectCu II Graphics Card (1.28GB) (24 bit multichannel LPCM/lossless audio -TruHD output over video HDMI 1.4a output)
Corsair Vengeance 8 GB RAM x 2 (if I want to upgrade my pc to 32gigs, I need to have one of these)
LG BH10LS38.AUAU 10x Internal BD-RW (I don't want external blu ray player)
Crucial CT128M4SSD2 128GB M4 SSD (cheap and best)
Coolermaster V8 Cooler RR-UV8-XBU1-GP Fan (needed for overclocking cpus - better over other competetors)
WD Caviar Green 1 TB HDD
Cooler Master CM 690 II Advanced Mid Tower Cabinet
Regarding my preference, I always liked Intel over AMD and NVidia over ATI Radeon (personal choice).
Regarding graphics card, i did some research online and found that there is 24 bit lossless multichannel audio support (without affecting the graphics) in NVidia GTX 570 series onwards.
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EDIT - Just wanted to add price for the above configuration
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Intel Core i7-2700K Processor - 20000 (approx)
Asus SABERTOOTH Z77 Motherboard 19500 (approx)
Asus nVIDIA SLI GeForce GTX 570 DirectCu II Graphics Card (1.28GB) - 24000 (approx)
Corsair Vengeance 8 GB RAM x 2 - 3500 - 4000 (each approx)
LG BH10LS38.AUAU 10x Internal BD-RW - 5800 (approx)
Crucial CT128M4SSD2 128GB M4 SSD - 7500 (approx)
Coolermaster V8 Cooler RR-UV8-XBU1-GP Fan - 5200 (approx)
WD Caviar Green 1 TB HDD - 5400 (approx)
Cooler Master CM 690 II Advanced Mid Tower Cabinet - 5900 (approx)
Friends, please correct me if I am wrong.
-Saikat