I love it. I love the mix of lime green and purple. I love the grasscloth wallpaper. I love the bookcases flanking the fireplace. I love the simple mantle and the worn brick of the fireplace. I love the old brass andirons. I love the extra thick molding (BTW design world - in the US, we drop the U, just like we do with the word color). And I love the TV placement.
This picture is often used, as it is in the article I took it from, as an example of why you don't need to hide your TVs behind armoire doors anymore. And really - everyone still knew what was lurking behind that massive piece of furniture in the middle of the room. It's much better to hide it in plain sight, like on a bookcase filled with lots of books. Especially when it has a black frame, when it's turned off, it's just kind of a non-entity. You don't feel compelled to look at it like you did with the big box TVs.
In my house, I have my TV on a bookcase with an antique quilt behind it. That little vignette is so busy that the TV just blends in even though it has a silver frame.
Not the best picture due to the flash highlighting the screen, but trust me. Especially since I've since restlyed the bookcase and have branches on either side of the TV. But my camera is dead so no updated pictures.
Leigh & Leslie Keno had a show on PBS a few years ago and I remember the first question they would ask folks is "where's the TV?" because people would try so hard to hide it. But then how could you watch PBS and the Kenos' show! It really doesn't make sense. There's plenty of high-brow stuff on TV - saying you watch TV doesn't have to mean you watch hours and hours of Jerry Springer and The Jersey Shore.
Many people are lucky enough to have multiple living spaces so they can have a room for non-TV life and a room for TV life and that's great. But it's nice to know that if you only have one living space that your TV doesn't have to suck all the life out of it.
Modern technology and modern decorating ideas are great.