Klipsch are pretty awesome. And, yes, free-standing speakers, unless you want to hear what your wall sounds like. Unless specially-designed, not very good.
I recently recorded some music with producer David Hentschel (Genesis, Elton John, Eric Clapton, George Harrison, etc) Hentschel did the final mixdown on Genelec table top speakers. The main studio used them exclusively as well (top of the line, Los Angeles studio)
they are around 1,600 for a pair and very compact.. I think you would still need a subwoofer and center speaker of course if you are running this with a home theater system along with your television in 5.1 surround sound.