By now, you have likely seen both technologies in action. Personally, I have seen them both look awesome as well as terrible. In todays market, you are paying a premium for these waif-like TVs, which might just do the trick in your theater. Todays plasmas can get bigger than most LCDs today, but you still pay dearly for the biggest 60-inch-plus plasmas. From what I am seeing of LCDs, I like them better overall, but most sets are in the 40-inch-plus range. This is pretty wimpy compared to a 63-inch plasma. Both formats struggle to be repaired easily. The idea that a TV will last you forever needs to be wiped from your memory banks. These sets can and should last a good 10 years, but when shopping, you might be shocked to find out that many companies selling flat TVs have very poor warranties. I never recommend an extended warranty, but I will recommend you look to brands that have longer warranties to protect your investment