Good Questions: Ideas for TV Alcove?

Rita sent us a good question: My condo was built in the 90s, and one LOVELY feature that was incorporated was the TV Alcove. Well, we have a flatscreen tv and so we don't use the alcove for anything...
(Note: Include a pic of your problem and your question gets posted first. Email questions and pics with QUESTIONS in subject line to: sf(at)apartmenttherapy(dot)com)
Right now it houses are DVD collection and we're hoping to do something more useful with the space. I also wish that I could have a mantle above the fireplace but there doesn't seem to be any space for that. Help!

Please share your ideas and suggestions with Rita in the comments below...thanks!

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