I have 2 consoles without armrests and one with an armrest. My car came with it and I never really cared for it. It always made for awkward shifts. Finally I ended up having a friend hook me up with some of his old parts. He gave me his shift base risers which made having a center console not possible at all. I also bought his race seats and that with the armrest was really annoying to drive. I ended up buying 2 without from another member and cut one up to fit my car.
Needless to say it looks better is more comfortable and honestly I usually rested my arm on my lap instead. Don't really miss the storage either.
2003 Ford Focus ZX3(Brokus) - old and busted
2007 Subaru Impreza 2.5i - current DD