This is where the debate can get pretty heated, but one thing that is not usually contested too much is mixing stuff, you want either a power conditions/plug strip or UPS that you can plug everything in to associated with your HT, including the cable feed if you have one, ehternet if you use one, and same for a phone line as well as all of the power plugs.

UPS Option, take care to read the spec's carefully on a UPS, for example the Belkin you like has both conditioning and UPS, and has two outlets that just provide conditioning so doesn't count against your UPS load, and then the rest of the outlets are on the UPS side.

BELKIN AP30800FC10-BLK UPS -- 1,200 VA / 640W
http://cache-www.belkin.com/support/dl/p74699fc-a_ap30800fc10-blk_manual.pdf

That unit looks nice, but for your TV I think it is on the edge of what you want, it will do the job but not for all of your stuff on the UPS side, and I would make sure to get the details of its alarms for overload, it is rated at 1,200VA / 640W and if you go with that then that is all I would put on the UPS is the TV, then on the conditioning side put on a el-cheapo plug strip with no surge protection, just plugs that will give you the conditioning.

Using 2 surge protectors can do weird things, and may also invalidate the warranty and insurance offered. The only thing that I see that makes me wonder is the 640 watts total or an alarm will go off and that will be annoying, what I am not sure of is if the alarm will only go off if the UPS side exceeds 640 watts, if that is the case then the Belkin would be OK with just your TV on the UPS side and everything else on the power conditioning side. If the alarm goes off for over 640 watts for both sides, then it is too small for your system.

If you are going the UPS route and can afford it I like the APC, it is the only brand I use. It is 500 bucks, likey cheaper on eBay but look at this one:

APC -- For UPS and Conditioning 1,500VA / 1,250W
http://www.apc.com/products/apcav/products/index.cfm?action=detail&base_sku=S20BLK&tab=documentation

Finally we get to power conditioners, the most debated approach, these come in all kinds...

I use an APC UPS on my computer that is the same rating but a different model without the AV stuff, and was going to get that one for my HT but a neighbor gave me (well token charge) a Monster power conditioner when he bought a UPS for his system or I would have NEVER spent what Monster wants for these, but it is a nice unit and I run everyhing for my HT though it. Since the only thing my HT loses on a power hit is the time on the tv it made a UPS sort of a waste, the Monster deals with sags very well as well as RF, spikes, and inter-component noise, looks good also Happy

Monster HTS 3600 MKII -- Conditioning only -- Max 1,800W / 15A (All your wall can deliver)

In the year I have had it has tripped twice, a major SAG (cause unknown) and it had my system powered down before I even preceived the lights dimming, and who knows what happened when wind made two power lines touch, but I did have neighbors lose some electronics, most didn't and even those that did, it was spotty, they did not lose everything.

I will never really know for that event what really protected me, the whole house protector or the Monster, all I know was after the power came back on I had no damage to anything.

Just one last note, don't get anything cheap, or claims its protection is by sacraficing itself, IMHO those units are junk, you have a few grand in your system, if you are going to get a power conditioner or UPS, then get one that is on par with the rest of your stuff, but if you get anything I would suggest the whole house protection, that is money well spent.

Sorry for the information overload, but you have a big investment and you might want to do some more leg work, not just at vendor sites like Belkin others, but reviews, other unbiased sources.