As far as I remember, I've never posted in a gaming setup thread before, but there's a first time for everything, so! This is my current living room setup. We recently moved into a bigger apartment and are still in the middle of the arduous process of ordering (custom) furniture, which is why the majority of gaming-related (and other) possessions is still (and might remain) in boxes somewhere in the corners or under the bed. I guess I will post a status update to next year's thread.
(Click for larger pictures.)
View from the couch.
Close-up of the computer table.
Finally, a peek inside the drawers of the TV stand. The top one houses some of my daughter's favorite DVDs and CDs, as well as some of my favorite box sets. The bottom one is for BluRays and PS3 games. The wireless XB360 controller is paired with the PC. There's also a DualShock 3 in there somewhere.
I have some hopeful future plans for the small space on top of the amp (on the top shelf of the TV stand), because it seems to be curiously WiiU-proportioned (coincidentally the only this-gen console I'm currently interested in).
I also recognise that my current keyboard is maybe not optimal for games requiring manual dexterity (but is wonderfully handy for remotely manipulating XBMC controls from the couch). So there's room for improvement, but it's a nice problem to have.