If your car is a pre 98, I would put the HVAC controls where the little storage area under the stereo currently is, and put the tv where the HVAC is now. This puts the TV closest to line of sight, and the stereo is still in the extra handy spot it always had. I've given this alot of thought, eventually I want to put in a TV, I even bought a deck with a built in tuner for that purpose. (then I can watch porn!

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What I will be doing to move the panels around will be to cut out the the bar in the console that runs below the HVAC controls (the one with groves to allow for the switches), and have it plastic welded into the lower portion of the console, at the same time, I will cut out matching pieces from the bottom where the bar will be relocated to weld in where the bar came from. I'm painting all the plastic trim in my dash black so all the scars will be covered up. Like I said I've given this alot of thought.
If you have a post 98 or SVT, go to a wrecker and get a console from a pre 98, it is much more aesthetically pleasing anyways IMO.