For Christmas we bought ourselves a 46" Sony Bravia LCD. We have basic cable only and the HD versions of ABC, NBC, CBS, FOX and PBS are fabulous.
Have other noticed that DVDs of HBO TV shows look fantastic? We've been watching Carnival and Sopranos on a plain old SD Progressive Scan DVD player, and they look so good that shelling out another $100-200 for an "up-converting" DVD player seems unnessisary. (We're holding off on Blu_Ray or HD-DVD until we know what we're buying won't become the next Betamax.)
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