Some really nice setups in here. Our living room setup is getting pretty oudated (720p/1080i plasma is the biggest offender), but here you go:
The speakers are from now defunct and extremely shady company AV123 before they died, but I got the X-Statik 5.1 set for dirt cheap, and they sound amazing (even in that room that as you can see has a lot of tile).
Their 15" sub is a piece of junk, though, with one of the most faulty, noisy amps I've ever heard (even after 2 replacements), so for now, I'm just running a $200 Polk 12", which is more than enough for that room.
Pardon all the wires. I'm too lazy for good cable management. Stands were from Best Buy. Not perfectly matched color-wise, but they complement the room nicely. I particularly like the brushed metal accents on the TV stand, which mate up to the plasma stand.
Pioneer Elite receiver, Panasonic DVD, and requisite consoles (Wii is in another room).
Ion kit for Rock Band/Band Hero w/ the Rock Pedal off to the side there (all of it is awesome except for the cymbals, which leave a lot to be desired).
Dog bed for our loving Rottie in the lower-right.