We have a small bedroom 12' x 18' where I just hung a 55" TV. I would like to install some sound. So far, my thoughts are to go with a smaller receiver [Denon 75 WPC], 2 front channels and a 12" powered sub-woofer. All of these components, except speakers are ready to go in there.

My thoughts on the two full range speakers would be to hang them on the front wall near the ceiling.

What speakers would be a good choice? I'm thinking two 3-way 12" speakers like 4312s, for example, would be overkill??? If possible, I would like to spend no more than $600-$700....

..thanks!