Our couch is no good. It looks fine - creamy oatmeal, clean lines - but it's stiff, the cushions always move out from under me, and it doesn't fit the two of us unless one is lying down with one's (his) feet on the other (me). I also think it'd be nice to have a pullout, so when my East Coast peeps come out I don't have to throw them on the floor. They're usually so ugly, though. (The pullouts, not my friends.)
I found this today. Don't think it answers the comfy/space problem when folded up, but it looks snappy and makes me want to have a pajama party.
Now that's the way to watch Lost.