It is my wife's fault. She stipulated that it had to look clean and she did not want to see wires or equipment lights from the seating area. I was also unable to use acoustic treatments that could be readily identifiable in the room.
These guidelines required me to hide ALL the wiring in channels cut in the concrete foundation to house the wiring. This also allowed me to acoustically isolate the floor before laying down the Vermont Maple floors. And, place all the equipment behind the couch in one on my wife's favorite pieces of furniture in the house (the AV Credenza).
I did all the work myself except cutting the channels in the foundation. We counted nearly 40 holes in the wall before all the drywall was done. We even sealed in a window above the fireplace! I also added the lighting fixtures.
A two story room has lots of fire breaks and additional structural support. This made wiring far more involved and I am glad I won't ever have to do it again.
Thanks for the feedback. It reinforces what I had predicted. I feel better now!!!