LCD Screen Size


I'm dying to dump my old boxy curved screen 32 inch JVC T.V. I live in a little place and my watching chair is 8-12 ft from the t.v. I'd love at least a 32 inch widescreen LCD but thinking my budget will only allow 23-26 inches. Do think this will be too small? I was hoping the widescreen cofiguration would offset it somewhat. Thanks.
zar
GMC, you were right! Thanks all, I think I'll try to swing the 32 inch widescreen. I watch mostly movies and all or at least 99% of my movie dvd's are widescreen as I detest pan and scan. I do watch some tv series dvd's as well. Anyone have a particular brand preference. I have seen a 32 inch Magnovox for 849.00 Costco apparently has a Texas Insruuments for 799.00, sam esize as above. I don't think I should spend more than a grand. I know this limits me but it'a all I can do.
I just read this:

http://www.nytimes.com/2006/07/06/technology/06screen.html?8dpc
One of the larger and dumber mistakes my wife and I made was to get a flat-screen 32" Sharp Aquous (sp?) LCD to replace an older 27" Mitsubishi. At the time the Sharp cost $4500 (gag!), and we finally admitted to ourselves that the Mitsubishi not only had a better picture -- even considering the Hi Def Sharp -- but a larger image area. Dave