If you're looking to minimize the items in your living room's home entertainment set-up, here's an idea: a pillow remote control. Seriously.
Sold by Brookstone (a.k.a. that store of gadgets you don't need but are just awesome to have around anyway), the pillow sports a built-in infrared LED to make itself a 6-in-1 universal control with codes for over 500 remote control devices. Powered by a pair of AAA batteries, the pillow remote even features an auto-shutoff function to save juice.
Surprisingly, the price isn't that ridiculous: $29.95. It would definitely be a fun party conversation starter, and a fun gag gift this winter. Too bad it didn't make it on to the scene in time for our Offbeat Gadgets Holiday Gift Guide.