I don't own a single piece of furniture so I had to start from scratch. So I bought a sofa, a bed, an L shaped computer desk, and a nice computer chair. The bed was the costliest item ($1600) but it felt great and is definitely a step up from the $99 mattress that I bought 5 years ago.
I only own a 24" 720p LCD TV (which is nice) and I want to go almost all out on a TV. I heard good things about the Sharp LEDs on AVS (I originally wanted a 60" plasma) so I decided to jump on that instead. I'm going to an electronics store to see my options up close.