Comment Kegerator and a white board (Score 1) 757
It sounds weird but some of the best brainstorming sessions I've had was with a few people, a bunch of beer and a giant white board.
Now for even weirder preferences. Have the ability for mutliple keyboard and mice connected to one computer and use an LCD projector as the monitor. That way people can demonstrate what they are talking about quickly and take turns prototyping with peer review.
The last strange preference is that I have a KVM hooked up to multiple computers, but the KVM is on the floor and I use it as a foot pedal to switch. It's really convenient.