Seeing some of the Gizmodo references brought back recent thoughts of what to do with my VP150 - I was thinking of pulling the middle speaker and somehow stuffing a small amp (Lepai LP-2020 guts, for instance) and an iPod docking port inside the cabinet and fabricating a power switch and volume knob that would fit in the round void up front. This would leave a set of horizontal stereo speakers on either side of the controls and dock. I know, not the best imaging, but for my kid's dorm room it's probably better than nothing.
Now, incorporating the electronics for AirPlay would eliminate the need for the dock and make for a cleaner finish.