Thanks for the replies.
I do watch a lot of TV in the living room but I never get to play on the xbox as there's always people around in there. If I got the LCD for the bedroom, I would ship the xbox to the bedroom and play in there.
I have a lot of DVDs and if I got a blu-ray player, I'd stop buying DVDs and start getting blu-ray discs. I dont really rent DVDs, that's just money down the drain imo.
I rather like bazonix's idea but I'd have to consider at least a years worth of Sky subscription as at the moment I'm getting very little income and want to treat myself but not get myself into something I cant pay for in the future. So I'd save the money I have for the sub if I went down that route.
I've penciled in a wife/girlfriend for next year so that's not an issue atm.