If you lived in the USA you could by a HighDef LCD TV, watch HiDef terrestrial Digital TV (ATSC) and you would be extremely happy. But I guess you live in Europe.
From my experience, most LCD TV's are utter rubbish. As are Plasmas.
I just don't know where to begin in describing the poor picture quality, but the major prob with LCD TV's is motion blur. Plus, most of them also look like someone has smeared grease on the panel. How they sell I just do not know.
Same for Plasma's, I still can't work out the best viewing distance, but it's about 80 ft.
Many of these current crop come with freeview tuners built in - and SD low-bit rate sources just make the whole image a lot worse. Watching the cricket was painful, the macro blocking was appalling. However, count yourself lucky you don't live in Germany where the bit rate is even lower and they try to squeeze 21 channels into a single multiplex.
Places like Richer Sounds have a great display of plasmas, fed off a uber quality DVD player with the best source material going. People go in, think "I'll have some of that" then are probably very disapointed when they get it home and watch the footy off their £50 freeview box (most plasmas don't come with a tuner). However, who's gonna have the balls to take it back once you've persueded the wife that 2k was a great spend, you've bolted it to the wall and shown your mates War of the worlds in 720p from your new DVD player?
Some LCD's look great though. But you have to spend upwards of 1.5K on them. The Philips 37PF9830 is lovely, but I guess you weren't thinking of spending 2.5K on your screen.
For less money you could have an unbelievably good CRT, but you would need a bigger room to store it and you're mates would think you were very "last century" because they've been into Richer Sounds and seen the wall of plasmas...
Me? I can't countenance spending that much on a display technology, not when I can blow £1.3K on a Z4, £300 on a XBOX 360 and be in gaming heaven by christmas. I mean, projectors rock, don't they?