Very clean and sleek setups going on in this thread!
With mine, I try and keep all the systems hooked up to play on a moments notice while doing my best to keep things looking tidy, but I always end up with a mess of cords behind the entertainment center, but it gets the job done! (Also, gotta love The Wizard of Oz magnets )
My problem is I buy consoles like a maniac, but have a hard time committing to getting many games for any particular system. As a result I have lots of systems that have only a couple games for them.
I also have a little bit more stuff tucked in the closet, but it's mostly miscellaneous items that I don't need to have out. (Boxes, tools, cords, etc.)