Honestly not much progress. Am sorting out finances and even my furniture.
The small components that I've got myself so far.
1. All kinds of cables/banana plugs from Monoprice !
2. Monoprice speakers (sheepish grin) that we demoed at Avenue Sound. These are only for stop gap arrangement (got them from the US for $89 only !!!)
3. Sansa Clip+
4. Topping TP20
I think I'd be the first one to start building my set up by getting cables

Right now I am able to get some basic music out of the monoprice speakers. Even though they are not much, they're better than the Philips HT speakers that I had, so I am happy.
On a serious note, yes I am smitten by the Pioneers and will definitely get myself at least a 3.1 setup of the BS22s to begin with. Knowing how acoustically challenged I am, I wouldn't mind using monoprice as the rear speakers. To power the front speakers, I am planning to get Yamaha 473 or a 573. I am waiting till March/April (when the new 2013 lineup of most companies would be announced) before finalizing. I am also keeping an eye out for a region A PS3 (to be used purely as a Bluray player)