TV Console for Small Space?

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If you live in a small space and like your surround-sound high definition 46" flat panel television, what are some good console options that won't crowd the space?

A friend of ours is facing this dilemma (check out his not-so-great makeshift solution of speakers). According to his lease, he can't mount the TV to the wall; but he also doesn't want to bulk up his teeny living room. Anyone have any suggestions?

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