Jazzyvee,
Oh man, I've been away from this way too long. The last I knew, B&O mainly made very high quality turntables (remember those?) As I remember they had a very good reputation for quality (Swedish I believe).
Anyway, the most important thing I can tell you is that the speakers must sound good to you! Not me or anyone else.
A brief story. Like you, I can no longer afford my taste. So I rarely ever listen to music anymore. I know, its sad, but I'm damn picky about what sounds good to me. A few years ago I went out and tried to find stuff that I could afford and which sounded at least halfway reasonable. Failed completely. Spent about $1,200 on some Bose speakers and never listen to them. Power amp, pre amp, equalizer all packed away and never listen to them. Want to buy some gear? And before I finally settled on those I probably went through 10 to 12 sets of speakers, amps, etc. before settling on the Bose. One store even banned me.
The long and short of the story is to make sure it sounds good to you.
Now, on the good side, a few years later, I had a desktop computer and a few extra bucks and had started playing around with gaming. Went to a local computer store looking for a good set of speakers and found some 5.1 Klipsch. Cost me $250 to $300 I think. Hooked them up and was blown away. Damn little things just blew away a $4,000 stereo system. I was amazed and thats when the stereo went back into its boxes.
You can see the speakers here:
http://www.klipsch.com/computer-speakers They only seem to make the 2.1 system now but you might want to give these a try. One warning though. Loved these for about a year and listened to them a lot. But all of a sudden they went poof! Took them to a local guy for a look and, because the subwoofer didn't have whisper fan (the amp is in the subwoofer) a board overheated and snapped. Would have had to order a whole new subwoofer from Switzerland for about $200. Never happened and now I have a laptop so...
So the Klipsch computer speakers may be a way for you to go. Just be forewarned about the heat problem. If that subwoofer doesn't have a fan on it I'd be a bit wary. But they do sound really good for the price!