You can always try investing in a longer console table to create an anchor for the equipment so it lessens the focus of the equipment itself.
Grabbing a piece of furniture that fits the DVR or receiver perfectly may also be a good alternative. We've got a few recommendations for furniture pieces over here if you're interested in a small side table made for just that purpose.
Wireless surround sound may also be an option if you're looking for both performance and hidden speaker wires. The only issue with this is the possibility of counter-productively increasing overall clutter (addition of speakers, adapters, and surge protectors in every corner of the room).
However, if you're simply looking to hide wires and route to the receiver in another part of the room, investing in some wire molds that easily blends into walls (and are paint-friendly) is yet another easy and user-friendly solution. Have an idea on how to completely hide the home theater equipment? Let us know in the comments! [Images: Fantastic Frank, Tech Tour: Tia and Mikko's Masterplan]