Aside from my wonderful better-half (aka Sara, my spouse) my pride-and-joy at home is my home theater, currently named Brown Bear Theater after the small brown bear rug which sits in the room.
I've wasted many hours sitting in here watching movies. Unfortunately my DVD collection isn't large enough to really make good use of it; no matter what you thought about Star Wars II: Attack of the Clones the movie does get boring after a while! That's why Netflix rocks. We just recently rejoined after over a year without a membership.
On an 8 foot wide screen DVDs look great, but cable TV looks like garbage. So I'm just going to cancel my cable subscription and just use Netflix. There's very little we watch on TV anyway that won't be on DVD within 12 months so I might as well just wait and see it on DVD on my 8' wide screen.