Check out this great budget media center posted on Ikea Hacker. The couple combined two Ikea Malm bedside tables and bolted the joined units onto the wall as a floating media center that does a great job of displaying their flat panel monitor while also offering usable storage.
Our only criticism is the cables are still visible from the sides; they'd complete the presentation to a higher degree if they drilled holes for the cables to slink behind the unit out of view. Otherwise, we think this low cost, high impact home media storage solution is föntastík! [via Ikea Hacker]