Similarly, I have a MASSIVE TV on my living room wall, but it's off most of the time. In these days of flat-screen TVs, very few concessions have to be made to have a large TV. It's not like when we needed huge entertainment centers to hold a television. It does not exist at the exclusion of anything (except money, I suppose). It doesn't take away from anything when it's off. It doesn't necessitate cable/satellite television (we have neither).
To me, it's sort of like when people complain about Facebook/smartphones/24x7 connection to the office/whatever being an addiction and such a burden in their lives. shrug I use it to enhance my life, and when I don't want it, I don't partake.
I don't invite people over often, but typically when friends are over we're not watching television or youtube videos, unless that's the point of the gathering (watch a sporting event together, or whatever).