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Want to go really big with your TV? Modern LED 4K Projectors have come down in cost drastically allowing for some great home cinema setups. At his location the living room ran a 140" projection in 4K hooked into the homes media cabinet. Life size xbox anyone?
A huge portion of families now have TV's mounted on the wall. Cabling for the TV can be run into the wall or trunked surface mount. Cable embedding allows for the cleanest of looks but may require some remedial decoration after.
Nothing beats a TV seemingly floating on your wall with no visible cables. it provides such a clean look whilst saving space and getting any valuable TV's out of reach of young fingers.