I currently have a Panasonic DVD player that is also a home cinema system....which includes the main bass module & 5 speakers.

Does a similar product exist for either HD-DVD or Blu-ray? I'm quite keen to get an HD player but don't want to have the HD player, Sky & a home cinema system under my LCD...

I was looking for the same thing yeatserday, except I was looking to purchase the full package of hddvd player and HTS. I was told by two different places, that noone has produced a home theatre system which incoprporates HDdvd/ bluray

Whether thats right or not is to be seen.