I was actually thinking of making a thread kinda like this a while ago. I like seeing "post your set-up" threads on forums, gives you ideas and it's fun to see how people spend their money.
Anyways I'm 17 and sell TV's, speakers and computer for a part time job, and know my shit pretty well. Blew $1100 on a 32" Panasonic LCD last summer, at the time I thought it's all I'd want, but as time went on, and prices dropped I wanted bigger. So boxing week I bought a 42" Panasonic plasma, and just picked it up last friday. So far I love it. Full 1080p, 1 000 000:1 contrast ratio (which means absolutely nothing), and absolutely no ghosting or motion blur when watching sports or playing video games.
I loved my old tv, still in my opinion one of the best LCD's in the size (one of the few with 120Hz), just wanted bigger, and now I think my setup is complete. Maybe take some pictures later. I suggest turning the thread into a "post your setup thread"

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42 Panasonic PZ80 Plasma
http://salestores.com/stores/images/ima ... 2PZ80U.jpg
Onkyo 505 AV Reciever
http://www.hometheatershack.com/Onkyo-T ... -SR505.gif
Klipsch RC-52 center
http://www.klipsch.com/images/656/400x400.aspxKlipsch RF-52 towers
http://www.productwiki.com/upload/image ... _rf_52.jpg
Klipsch RSX-4 Surrounds
http://www.hifi.nl/gfx/pd_klipsch_rsx4_210807.jpgShitty Altec Lansing Computer subwoofer for now.
http://www.dansdata.com/images/xa3021/sub520.jpg Probably the ugliest thing I've ever seen.
PS3 60GB with 750GB external HDD (which was only $85)