I think LCD will win over plasma in the long run. It's a proven technology, works well. It just needs to keep getting cheaper to make large screens affordable for more of us -- and I think it will.
On the other hand, I read that Intel has come up with a new chip that lets you make a projection TV that's no more than six-inches deep. I don't know about the image quality on projection TVs these days, but I know that they're big, and a lot cheaper than plasma.
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