I saw a Plasma that was cheaper than this TV, but I just can't bring myself to buy a Plasma when I know the gases will fade and I will have to get a new TV. With the LCD Projection, I just change out a bulb and in 10 minutes its like brand new! I like front projectors for displaying on the entire wall, but one with good resolution will cost you $5,000 and will not have the connections like a TV for things like games and cable. It is also harder to hide wires when you have a projector hanging from the ceiling.
I really like the fact that there is no burn-in to worry about with this type of TV. That used to be a huge problem with older CRT monitors. The only thing with LCD is the blacks are not quite as deep and if you are close enough to the screen you can see the individual pixels (screen-door effect).
For what we paid for it, it was a really good deal and should serve us well. We have much less problems with glare from the windows since the screen is flat. And since it has an HDTV tuner, we can pick up the channels with HD quality broadcasts.

It will display 480p, 720p or 1080i resolutions. We will be watching football (NFL) this season on it and are excited about that!