Hahahahhahaha! One thought I have always toyed with was creating a mini-MAME cabinet. Not a full size cabinet, but a control panel with a mini-atx or other small computer inside with output to DVI or other big screen TV. This way it does not take up that much space, but the gameplay and screen are still impressive.
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Paul Grzelak
200GB with 48MB RAM, Illuminated Buttons and Digital Outputs