I would want a larger TV but thats basically what I want my living room to be like. One big sofa bed thing to make everyone comfy and laid back! to go cheaper you could use mattress and make or use bed pillows covered with same fabric as mattress.
Celebrate your dorm room - with paint swatches! Create a rainbow effect like Liz Apple's rainbow wall of paint chips or use paint swatches to create waves or patterns of color too! What a great way to liven up a room and make it your own!