Get a better kind of projector for the living room.
To watch television with. The one I have is good, but the technology for that stuff just keeps getting better and I really need want a brighter one (with more features).
So I got a new one of these back in November. I forgot to cross it off the list. I wasn't planning on replacing it at that time but the bulb blew and a new projector that was brighter was only a little bit more.
So, for spending $500 for the projector instead of $300 for the bulb, I got a new smaller, lighter (under 5 pounds) in-warranty projector, a brighter bulb (1800 lumens vs. 1100 lumens which is 61% brighter), it's smaller and has a digital zoom. It's got inputs for composite video (regular video), s-video (like from your DVD player) and SVGA (which doubles as a component video port which supports 480p). It doesn't have any audio inputs but I run it through the stereo so that's okay. It came with a remote and a great carrying bag too.
It's not exactly as high up as I planned to upgrade to, but it's better and the prices will just keep dropping on the better ones...