That laptop is still a decent spec inside, so perhaps you could take the screen off and then just use it as a media centre as you've already suggested. It make not look great though, so perhaps you could knock up a case for it? I don't think you'd be able to buy anything off the shelf that would take a laptop motherboard, so you may need to be inventive

. It should work fine if you wanted to hook it up to an external monitor/TV (assuming everything else survived the fall - particularly the HDD).
Otherwise, I'm sure you'd still get people buying a laptop with a broken screen via ebay which may offset the cost. Another option is to see if you can pick up a screen from the likes of ebay and see if you can repair it yourself?