LCD's are still pricey and the screens have been become larger and larger. It is as good if not better than a flat screen computer screen in resolution and better than plasma. Plasma creates heat and uses a lot of power while LCD does not. I can't see them coming down in price for another three to five years and the rear projection Diamond Vision Mitsubishi looked better to me than the equal sized plasma so the only advantage was the flat screen. All TV's lose contrast over the years but they give you way over the top in contrast to begin with and the only way it would be really noticable is in very bright daylight rooms. I saw a front projection 100 in. display that also tripled the available hi-def pixelization lines (!) and was spectacular but cost not just an arm and a leg but both arms and both legs. The digital projects are in some theaters in L.A. and the last Star Wars movie was shown in this format. I'm watching the okay "Chorus Line" on HD right now and it looks better than a theater presentation in resolution. It's an old movie so I must say a newer movie in hi-def is more than satisfying on this set. Unfortunatley, it only has one hi-def input which would mean the new hi-def DVD players could cause me to replace it. However, the Super Bit regular DVD picture is unbelievable and you can hardly tell the difference. Bear in mind that the resolution of ordinary movie film is reproduced quite satisfactorily with only 525 lines of resolution on a 60" screen. The programs that have been photographed with hi-def film like the IMAX are breathtaking. They just had a documentary phtographing the sunrises at Everest and K2 overhead from a plane with hi-def film. I almost gasped.
It was featuring the one Japanese photographer who gave his opinions about Gods and nature. Imagine that, a documentary with opinions.