Ever think about the home theater/home automation system you'd set up if you had $20,000 burning a hole in your pocket. Odds are your dream system involves an awful lot of wiring components together until your living room is more fire hazard than theater.

But the SE2 Labs ITC One is a single box with pretty much anything you could ever need. That includes:

• An Xbox 360
• An Xbox 360 HD-DVD drive
• An iPod dock
• AMX automation
• Cable and satellite TV tuners
  
• A surround sound reciever/preamp/amplifier
• PVR with had drive

The whole thing weighs in at 100 to 125 pounds and measures less than 2 feet heigh and about a foot and a half deep. It's like a rack mount system without the rack, although you can mount the entire unit if you really want.

The ITC One is filled with top end components, making the $20,000 starting price a bargain. But we can't help but feel that if you're wiling to get slightly inferior products you could set up a home theater with all the same functionality for a lot less money. Especially considering there's no Blu-Ray deck in there.

CE Pro reports that HP is exiting the digital entertainment center business. What does that mean? Basically that one of the first companies to offer a Windows Media Center PC that looked good in your living room is going to stop packing computers into A/V style cases.

Sure, you'll still be able to buy an HP machine that will work as a media center. After all, any computer running Vista is a media center, and if you throw a TV tuner into it, it's a PVR.

But the company's going to focus its living room strategy on its MediaSmart LCD televisions with digital media adapters. These are sort of like a proprietary version of Microsoft's Windows Media extenders, allowing users to access videos, music, photos, and web-based content on their TV set.