Equipment Stand placement?

There are advantages other than running shorter interconnects by having your equipment between the speakers.
If you are using a line conditioner it keeps you from having to invest in several conditioners or extremely long and expensive powercords. If you have equipment that is as gorgeous to the eye as sonically pleasing to the ear then you want to highlight it and if you have it buried in a corner it does not have the same appeal. The more senses invloved in any experience the greater the rewards.

Also the main reason not to have your equipment between your speakers is for soundstaging and imaging - - if you use really low racks or amp stands you will not have a problem.

I personally like the aesthetics of having the system between the speakers - - I like the fact that many components look like fine sculptures. In the showroom we have no racks above 24 inches and our depth and soundstaging are excellent. Then again we have treated the rooms since that is 25% of the sound.

From a practical point of view as expensive as powercords, interconnects, and speaker cables can be even with places such as Audiogon to purchase audio you will get better sound by using shorter runs and purchasing better cables than by buying longer runs of lesser cables and having your system in a corner.

The key factor is if you place a televison, or a tall rack between your speakers you will have a more difficult problem.

Also as you pursue your audio Nirvana remember it all starts at the wall. Your audio system is like your own health it can only be as good as what you feed it.

My experience is exactly consistent with Megasam's and Cornfedboy's. Another principle is to move your rack away from the wall. Bass tends to stack up along walls and will energize the rack and components placed there. The performance of my turntable was greatly improved by moving the rack to the side (5m of balanced IC from pre to power) and about 1' from the sidewall and 5' from the back wall. This was recommended by the guys at ASC when they were helping me with room treatments. I also added Sonex foam behind the rack.

What I did to improve this was to use 50 Hz and 100 Hz test tones + SPL to find the lowest response place close to my speakers.
Guess what? in my room it happened to be between my speakers
behind their plane about 1 ft. My equipment is in separate tweaked sand box(45lbs) /inner tube boxes 1 for preamp, 1 for digital source and 1 for the amp. Results very good. Height with each is less than 12 inches
Good luck.

Several good experiential opinions are offered above, none exactly alike. KT what that tells you is, like everything else, you'll need to experiment in order to determine what works best for you with your own equipment in your own room. I also realized significant benefits by not having anything placed between the speakers so my rack is along a sidewall. However regarding my particular component synergy, I also found that longer interconnects were detrimental compared to shorter ones, while longer speaker cables resulted in less degradation than with longer interconnects & shorter speaker cables. Note that I prefer networked speaker cables, so those longer lengths are accordingly inherently compensated. The equipment rack, also containing a single stereo amp, is now all on a sidewall. In this way I was able to use shorter AC cords as I wired a dedicated AC line directly to the rack location, & my AC conditioners are also located there locally.
Again, all of these advices tell you not a whole lot about what will work best for your setup, but do offer many good suggestions about what might be most advisable for you to try out.

Thanks to all for your helpful replies. Bob - you're right - this has confirmed that experimentation is the order of the day. Currently, I don't have any choice as to placement, but soon I'm going to be able to free up one or the other side walls, and ultimately there will be some remodelling. I was curious if there was any sort of consensus as to the best approach but, like everything in this hobby, it's not that easy :-)