Half-width? Once you do that then the box is going to be relegated to near the top of your AV stack anyway. I have one other thing in my home theater stand that could fit on top of a half-width device, so if it came down to it it's not the end of the world to have to put one thing on top of the other.

But as was pointed out, it can go anywhere with that remote. You never have to see it. It could fall behind all your other equipment and it wouldn't matter.