This should help, BTW last night i was watching my LCD then i compared it to my Brothers Plasma, The LCD has a bit of 3D or should i say more depth of field to it if you look hard enough.
They are abandoning them because they're too expensive and no one buys them.
Kid at best buy: Well this plasma is $2400 and its 120 hz @ 1080p
Costumer: Oh, ok. What about that LCD?
Kid at best buy: That LCD is $1400 and its 120 hz @ 1080p
Customer: Well hell, I'll take the LCD
When I was choosing between plasma and lcd, I bought the lcd because the doode answering questions was wearing a panasonic shirt and was clearly trying to get me to buy his shit (the plasma). So I had him load the lcd up for me and told him I would have taken his word more seriously if he wasnt pimped out in panasonic clothes like a nascar driver.
Plasma I believe has brighter colors which isn't always a good thing. Sometimes the colors can be too bright. LCD generally has a longer life span. And cost of the LCD has already been mentioned. Prices on LCDs have come way down the past 2 years, especially if you get a 720p. If you are getting a 46" or larger, you will probably want to get the 1080p. Of course 1080p is going to give you a better picture no matter what size screen you have, on anything less than 46" most people won't notice a difference between 1080 and 720. I have a 1080p on a 40" screen. I took the 1080p over the 720p model because it was on sale and the price was only $10 more. Blu-Ray is awesome with it!