Is this a good surround sound system?

I am buying a Pioneer HTP-2700 to hook up to my 360. I was wanting a little advice before i bought it. All I wan't is decent sound at a budgetary price and this looks to me like a good system but what do you guys think?

Here's a link: http://www2.shopping.com/xPF-Pioneer-Pioneer-Dolby-Digital-5-1-Pro-Logic-II-and-DTS-Surround-Home-Theater-System-HTP-2700

Just scroll down and you'll see the specs.

If you don't think it is good enough for my needs please recommend one.

Thanks!

Its a nice small system, but what u should be really concerned about, other then the speakers, is the receiver that you are going to get at that price. I honestly believe when it comes to AV equipment, you get what you pay for.
I recently bought this 6.2 system, for $1099 AU which is $941 US. LINK ,specs are on the next tab...

I had orderd this system.It got here yesterday.My opinion,its a great system.And for the price you can't complain.I am a sound freak.Plus i have a 10 band eq running with it.You ask me the sound surpasses the price.Don't spend money on high end systems when you can mix/match and have something that comes close to those expensive systems.Not only that but my ps3 sounds amazing through it.Along with all the other consoles i own.To end this yes by all means buy it.You won't be disappointed.