So I wound up getting a Media Center PC (HP) and my next project is to be able to start feeding videos that I either record from the TV, burn from my DVDs, or get off of del.icio.us or ThePAN onto a portable player.
I've been leaning towards getting a PSP, but storage is limited there. However, I do like the idea of getting back into gaming a little bit.
So, basically, what I want is a video iPod that plays games.
Or a PSP with 40 GB of storage.
With PCs, you can add whatever items you need... there's a 3rd party development market for software and lots of freeware to get your stuff to do what you want it to do.
For PSP and the iPod... closed=sucky.