I have my 42" plasma on this TV bench from Ikea. For $300, it was the best living room solution I could find, especially because so many of the "modern" TV stands were not wife friendly in terms of living room decor.
http://www.ikea.com/ca/en/catalog/products/20102516
I took the glass out of the two side compartments and replaced it with black speaker cloth. I dont use the adjustable shelves in those compartments so I can put my 18" mini-tower speakers in there. Then, in the middle shelf section, I have the receiver, PVR, and PS3.