Considering the high-def world we're entering with the PS3 and X-Box 360, all I can say is CHECK YOUR LOCAL BEST BUY for 1080p LCD televisions on sale!!
My local Best Buy wanted to clear out all their "open-box" LCD televisions starting last Sunday and I ran into a sweet deal- a Samsung LN-T4066F 1080p HDTV for $1340.00. That TV is 2K MSRP and the lowest price I've ever seen has been $1799.00. It sports a 15000:1 dynamic contrast ratio and appears to have the ability to import 24 fps HD video. It's the "reference" HDTV they have hooked up to show off Blu-Ray video and it's beyond fantastic with Blu Ray games and movies. The "open box" price I got was because a guy purchased the set and then returned it because it was too small for his family room.
The prices are dropping on LCD televisions, and I was probably just in the right place at the right time, but there are still significant values to be had right now.