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Hey Michael,
Great question. I've had a Samsung 42 inch plasma TV for about 2 years now.
Pros of plasma TV: incredibly crisp and sharp colors and images, way better than LCD for sure.
Cons: don't write off the ghosting effect. It sucks sometimes, though it never lasts long.
After 2 years, I wouldn't change for anything else. So, here is my advice to you: if you intend to only watch TV and movies, plasma is by far the best choice. If you intend to plug in your computer and use your plasma as a monitor, stay away. Still images will ghost on the TV and you'll be anoyed at watching the file, edit, view menus, etc while you're watching your favorite movie or TV show.
Also, my TV is turned on pretty much all the time when I'm home, which basically means several hours a day on average. After 2 years, 0 burnt pixels, no fade, no nothing... just perfectly crisp and sharp images!
My 1 cent... ;)
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