Philips envisions the future of your home theater to be simple. No ten-piece speaker system, no stack of components, no jumble of wires, no pile of 100-button remote controls… just the company's Illusion system: a flat-panel television, a wall-mounted speaker, a small tower DVD player/hard disk, and a wand to control it all. First, the sleek wall-mounted TV/mirror rotates from vertical to horizontal when you wave the wand, descending to eye level for prime couch viewing. The long, rectangular wireless speaker resembles a piece of modern art when hung up on the wall behind the couch, but when it's turned on, the ends curl inward to create two flat surround speakers. The DVD tower sits next to the couch and has a holder for your wand on top. The wand is a simple, intuitive remote whose buttons change based on which item it's pointed at. You handle it just like a magic wand, waving it up to raise the volume, or to the right to fast forward. Of course, all this sounds well and good, but from the looks of it you'd need to set up your living room around this system rather than vice versa. Also, it's merely a concept as of right now — part of Philips' Sense & Simplicity showcase of mainly futuristic gear — with no release date announced, let along pricing. We'd love to try out Illusion ourselves someday to see if it lives up to the hype, but until then we're left with the eye candy, which you can check out after the jump.