Remodeling, among other things

If you've been reading my blog for very long, you know I don't exactly love the way my current house looks. My big project for this winter is getting the second living room downstairs remodeled. Right now, it's got a big mural on the wall of eagles over a canyon, and then painted ducks on the other walls. My goal is to fix the issues in the drywall, repaint (a natural color, I'm thinking), put new carpet in, and turn it into a play room - the Wii and Nintendo will go down there, possibly some surround sound action, and then my exercise stuff.

We've got two pretty big TV's right now, but both of them are a bit outdated. The one is still little squares of color and the other is newer than that, but still HUGE! Moving this thing downstairs is going to be a bit of an undertaking, and because of that, I'm considering buying a new TV. A flat screen TV. I've been looking through flat screen TV stands on CSN and it's giving me all sorts of ideas! I never realized how many options were out there.

Any suggestions? I haven't even started yet so I'm pretty open to ideas! :)