I recommend to home run all cables to a small cabinet. It may be wise to install multiples if you can for future expansion.

i also ran everything to a closet.

however, what i didn't do but wish i did was run HDMI from the wiring closet to the locations i wanted to have my tvs.

if i had done this, i could have put all the entertainment center stuff (dvr/cable box, receiver, dvd, etc) in the closet & had a clean install of JUST the flat screen TV on the wall instead of requiring an entertainment center under the TV.