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Re: currently out of contract..info required..
Monthly cost for having a V+ Box is free on XL TV, while it's £5 if your on M or L. So you just need to pay £49 one time fee.
Also about V+, it's worth mentioning if you have a HDTV - the V+ Box upscales the picture so it looks about as good as having HD Channels (Note you have only one HD Channel on Virgin right now).
As for 'striking a deal', Call Customer Services and ask them how you can cancel your contract, they'll send you through to retentions and they will probably give you a discount off your bill or upgrade your internet for free. However this results in a 12 month contract so if you know you will be alright with Virgin for a year; then you do get a better service/cheaper service. (Tip: Tell them you are thinking of going to Sky to get better channels and they'll give you a discount!)
Getting a V+ Box will result in a new 12 month contract - Discount or not.
Edit: Saw your post bit about having the V+ Box in a different room, you don't have to - you can keep it in the room you have the standard box in, although if you want the box in a different room, it will be £5 extra a month.
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