Beanbag/Lounge chair that wont break the bank?

My current living room set up is basically just a small entertainment center, with my TV on it and a beanbag chair in front of it since it's a bit too small to be all the way across the room on the couch.

My current beanbag chair recently tore though, and is beaten and misshaped, so I'm now in the market for a new "gaming" chair, if you will.

Any suggestions of a (relatively cheap) chair?

Perhaps you might want to look into Big Joe Chairs. They are basically bean bag chairs with arms. . .

I'm a proponent of the Yogibo, but I got one as a gift so I don't know how expensive they are. The thing is damn comfortable and it is holding up quite well.