Surround Sound vs. Soundbar

I've been upgrading my home theater a bit recently and I put of the sound system until last, because it's usually the most cumbersome. I definitely want surround sound, but every home surround sound system I've ever seen installed in a house is lousy because the sound is projected to the center of the room and everyone is usually sitting around the edges. I've been looking researching sound bars really like the the VIZIO Universal HD Sound Bar, which claims to have a "virtual" surround sound system called SRS TruSurround HD. Has anyone used this before? Or something similar, I'd prefer an easy set-up that won't alter the "feng shui" my wife assures me our lounge has... Any help would be greatly appreciated.