[z28dreams]

Quick and dirty rundown:

Displays:
LCD - 720p or 1080p possible.

Pros:
- 1080p much cheaper than plasma
- good for PC monitors
- available in smaller sizes (32-37")
- screen work well in rooms with a lot of light/reflection
Cons:
- color saturation not as good as plasma
* black levels/contrast not as good as plasma
(* I believe this is the worst part about LCD's)

Myths answered
- Power consumption is almost identical to plasma's if you look at the actual operating numbers. Don't be fooled into thinking lcd's save a ton more power
- Weight for both is fairly light - once it's in place who cares
- Burn is is pretty much a non-issue for plasmas these days
- On a 1080p display, 1080i and 1080p sources will actually be EXACTLY identical in almost all cases
- Satellite TV outputs 720p/1080i, not 1080p
- Do not spend a ton on HDMI cables. Use sites like monoprice.com.
- You can receive some free channels over-the-air with a standard roof antenna (and in some cases indoor antennas)
- Standard television looks awful on LCD/plasma. Stick with a CRT unless you plan on adding HD programming.
- As of 2007, blu-ray and HD DVD's are still battling the format war. The cheapest players are in the $250-$400 range.