Well it's not fancy but it's paid for!!
Excuse the wiring mess!
My gear,
TV= Sony KDS-R70XBR2 with speakers removed.
satellite= DirecTV HR20 HD-DVR
Receiver= Sony STR-V444ES (just waiting for the new HDMI 1.3 receivers to replace it)
CD Player= Sony CDP-601ES
Blu-Ray player/game console= Sony Playstation 3
VCR= JVC HR-S7800U
Cassette player= Harmon Kardon CD-491
DVD player= DVP NS3100ES
Power Center= Monster HTS-3500 MkII
Speakers= Paradigm
Fronts= Mini MkII
Center= CC-200
Surrounds= Atoms
Subwoofer= PDR-12
Remote control= Harmony 880
The room is approx 24' X 30' with a vaulted ceiling that is 12' high at the peak, my viewing distance is approx 12'.
It's not High end but not bad on a Firefighters salary!
It really kicks on Blu-Ray movies & the video games on the PS3 are really immersive with a 70" screen & 5.1 Surround.
The next step is to upgrade my receiver, current front runners are the Denon AVR-4308CI & the Sherwood Newcastle R-972 but now that the 1.3 receivers are starting to hit the stores I'll wait till more are released till I make a decision, since I've waited this long I can wait a couple of more months.
After the receiver I'll be saving for new speakers, My current Paradigms were purchased in 1994 (except for the Sub) & they have gone through several receivers & I have been very happy with them so I'm wanting the Paradigm studio v4 speakers next.
The Bedroom is much simpler

TV= Sharp Aquos LC-37D62U 1080p LCD
satellite= DirecTV HR20 HD-DVR.
I may add a simple surround system but then again maybe not, I will add another Playstation 3 for games, Blu-Ray & internet acess.