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I have a Mitsubishi Black Diamond 46'' 1080p LCD and two 42'' Plasma (Hitachi and JVC) and would pick the LCD over plasma everytime.
Less glare - more than double the resolution- way less image burn issues - more reliable - lighter weight - less heat generation - less power usage - overall better picture quality - brighter picture etc.
You'll pay a little more for a quality LCD than the same size run of the mill plasma, however imo cheaper is not always better.
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