AMD
Athlon XP 2600+
Krypton C18G-400 motherboard (GF4 MX video)
512MB DDR400
80GB Seagate Barracuda
DVD-drive (you did say movies)
17" monitor (non-flat)
FDD, keyboard, optical mouse, cabinet
2.1 speakers
Around 27-28k. The extra 2-3k can go for any of these - larger HDD, more RAM, CD writer, better speakers. Or, if you can stretch your budget a bit, a good gfx card.