Yamaha YHT-294 Need Expert Feedback

guys...pls help me choose a good HT
I got an offer from reliance digitals, hyd for Yamaha YHT294 with LG Bluray player for 27k. Is that a good deal?
I read somewhere in the forum that yamaha speakers are not good.
But i cannot afford going for speakers separately.
Iam using Philips HTS now which is nothing when compared to this AVR systems.
Please advice me a better one within this budget....
Onkyos are good... but i heard it doesnt have an active subwoofer and bass adjustment(lack of knowledge..pls excuse)... I need bass adjustment feature
My basic purpose would be connecting my Sony 40 LED, HD media player, DVD player and Dish HTB. I listen to music and watch movies (50-50). Both are preferences for me.

pls advice me friends.... budget below 30k...
 
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