Lots of opinions here, not all of them accurate, so here's mine: Plasma TV's are not dead, and in fact, do some things better than LCD's and for less money. Plasmas and LCD's will both be around for quite awhile. 720P is basically the same as 1080i (P stands for progressive scan, which scans every line of resolution, whereas 1080i scans the even lines first, then the odd lines, etc). Most cable and satellite HD broadcasts are currently in 1080i. Why buy a 1080P then, if nobody is broadcasting it? Because even though you may not want a $400 Blu-ray player now, which do 1080P and look fantastic, where will their price point be this holiday season or next year? More than likely $200 or less, which means you'll probably want one then. On average, all things being equal, a 1080P flat panel will cost you about $500 more than a 720P currently. Bottom line: choose the right size TV for your room and viewing distance, set your price range, and choose the best LCD or plasma you can find. Remember, what and how you hook up to your flat panel will determine what your picture looks like as much as the type of TV itself...