High Definition keeps getting spoken of over and over again with phrases like "True HD" being applied to plasmas and the like.
The problem is that it seems like nobody actually knows what HD actually means. That is, they know the formats that are being dubbed HD by the industry (720p, 1080i) but they don't know what actually is the definition of High Definition.
High Definition is not a specified standard. It is in fact not accurate to call 720p or 1080i high definition because of what HD means.
High Definition is an occurance. It occurs when from a specified video screen, at a specified distance, adding one more line (or pixel nowadays) does not visibly add any resolution to the image.
So, if you have a 5" video screen that you are 4 feet away from, and are looking at a 480i presentation. Then, watching the same screen, from the same distance in 480p, or 720p, or 1080i doesn't actually make it look ANY better - you have achieved an HD presentation.
That also is the reason why when 480i was first brought out as the NTSC standard it was called High Definition TV.
Now, once again the term is being thrown around loosely but we are already making displays and screens which are clearly larger than what makes a presentation appear in HD. A 120 inch wide screen, at 5 feet is not high definition at 480 lines, 720 lines, or 1080 lines. You would probably need closer to 2000 lines or more of resolution to make any image, from that distance, appear to be HD.
The industry is putting a lot of emphasis - and a lot of cost - into making the HD term one that every consumer looks for, but many consumers are being duped into thinking that HD is the end all be all of what their television must be, without knowing what it means.
A television with 480 lines (dubbed EDTV, but actually 480p) will likely handle all ATSC/NTSC formats (480i, 480p, 720p, 1080i) and will display all those formats at 480p. If you are far enough away from the screen, that display will be truly HD. You could change it out for a display with 1080 lines and it wouldn't look any better from where you are sitting. This obviously is subjective to your eyesight and where it is going, etc. But, paying $1,000 or MORE for a display the exact same size, just because it has those extra lines and is considered 'true' HD... Does not mean that you are getting your money's worth out of the product.
For a couple of years I worked at a local high-end A/V company and I ended up purchasing the Panasonic PT-L300U projector. This is a 960x540 projector (dubbed 1/4 hd) and was astonished at the quality of the image this sub $2,000 box produced. So, with it being small, I brought it into our various stores and put it head to head with the Sharp 11000 projector - Barco projectors, and the Marantz projector. All of which were DLP based 1280x720 'true' hd projectors.
Bottom line - was for about $10,000 more you got a projector that clearly gave you higher resolution - as long as you were watching a 8 foot image from about five feet away. Or - to darn close. The 10 grand also gave you a better contrast ratio and better internal processor which made things run more smoothly. But, the contrast and processing were almost only noticable when the two products were being swtiched in an A/B test. Sometimes the Panasonic was even brighter than the more expensive projector! Were the others worth more? Absolutely! They produced a better image... But, $10,000.00 more? Not one person within the store saw the justification for such a huge price difference.
This is all I am saying: Find the screen (plasma, lcd, rear/front projection) that is appropriate for you and how you will use it and do some research and know what you actually need. Don't fall into jargon pitfalls which are less understood than they are simply used as buzz words to make consumers swoon. There is a lot out there and a huge price range to work in and some manufacturers don't want you to know that the less expensive product may work just as well as the more expensive one for your specific needs.