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The LCD vs Plasma debate is a long and heated one. It really depends on what you are using your tv for primarily. For me, Plasma wins on almost every level with the one exception of heat. Plasmas (Panasonic blows away everyone else) have true whites and true blacks so Blu-Ray movies and HD shows look so much better than on a LCD screen. If you get a good panny plasma (G10, G15, V15 models) they have 24p mode which allows you to view movies in their true 24fps settings. Add that plasmas are running 600Hz subs, and you'll see why there's nothing even remotely close to motion blur on plasmas.
HDMI is basically a cable that allows you to stream uncompressed data. The only thing you need to know as far as the HDMI cables go is don't pay stupid money for them. The $10 cables are just as good as the $200 monster cable versions.
I see no reason not to buy a Blu-ray player if you're going to have a HD set. The Blu-ray player will play SD dvds just as good as the HD dvds so you won't have to worry with that. I use my PS3 for my player and can't be happier.
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