These two homes we spotted on Flicr don't try to hide their XBox controllers or Wiimotes—they're proudly displayed on or near under the coffee table in the center of their media room.
Think about it—you're not worried about a remote control citting front and center on the table, so why would you stress about finding a dedicated home for the video game controllers? It's silly!
Instead, leave them out! Take a cue from these rooms and keep your remotes tidy on the table. Or, you could invest in a Wii-coozie: It keeps your Wiimotes in line without hiding them away from easy access.