2 tall and 2 short book shelves from Wal-Mart and a $50 projector from eBay and I have a 120" TV in our living room now. Over all, I spent around $150 on it all including the wiring and thrift store speakers for the surround sound.
This dedicated Home Theatre Room is equipped with a projector and screen. The surround sound speakers are strategically placed to deliver optimum sound quality. Audio/video equipment is stored off to the side or even in a separate room to prevent any distraction from the screen.
If you've got excess kitchen decor space, this would be a great way to rustically fill that space. u can make is as rustic as you want w/no pretty cut corners. DIY Reclaimed pallet Wood Kitchen Sign [EAT] I'd like this for My far kitchen wall