 | Apple Mac Mini MC270LL/A Desktop
Buy new: Too low to display / Used from: $679.00 The faster processor and 4GB memory are worth it. Wireless 802.11n is included if you don't have a network cable connection.
You'll need to install Plex (media center), RipIt (DVD ripping), and Handbrake (movie encoding). Install Plex on additional Macs on your network to access their iPhoto and iTunes collections from the media center.
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 | LaCie 2 TB D2 Quadra Hard Disk eSATA/FireWire800/FireWire400/USB 2.0 External Hard Drive 301500U
Buy new: $264.99 / Used from: $217.99 You'll need lots of these drives eventually as your movie collection grows. Be sure to use enough drives to configure half your storage for backup as well.
Configure folders for Movies, TV Shows, Pictures, and Music.
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 | Apple Wireless Keyboard (Retail Packaging)
Buy new: Too low to display / Used from: $50.51 It's small and the Bluetooth works perfectly.
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 | Apple Magic Mouse
Buy new: Too low to display / Used from: $37.99 Another perfect Bluetooth component.
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 | Kanex iAdapt 51 Mini DisplayPort to HDMI with 5.1 Channel Digital Audio
Buy new: $59.99 You'll need this cable for older Mac Minis. No need for the latest version of the Mini. Easily combines the Mac video and audio connections into a single HDMI cable.
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 | Onkyo TX-SR806 7.1 Channel Home Theater Receiver (Black)
Buy new: $886.95 / Used from: $780.00 Any home theater receiver is fine, but I'm a fan of the THX line from Onkyo. Pickup whatever speakers you like, I use THX units from Atlantic Technology.
You can program the receiver's remote to control the Mac Mini. If you prefer, I know a lot of people use one from Logitech's Harmony line.
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 | Panasonic Viera TH-58PZ800U 58-Inch 1080p Plasma HDTV
Any HDTV is fine, but this is a great display at a great price.
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