You can now get a 42" Plasma for under £900 on the High Street, and a DVD Recorder for under £65. Anyone else recall a couple of years back when DVD Recorders were £1000, Plasmas were upwards of £5000?
They are trying to get more people to take up HDTV and LCD/Plasma, with Telewest and Sky launching compatible services next year, and the Xbox 360 being HDTV compatible, so I think it is safe to assume that over the next year the prices will start to collapse.
I personally don't like Plasma. I mean for a start you can't tilt them past a certain angle or they die

Also the resolution on them is lower than on an LCD. I think all of our Plasmas in our tiny little store [Matsui, Samsung, Panasonic] are something about 852x600, whereas most LCDs can handle at least 1024x768, and many 1280x1024.
That reminds me - surely 852x600 isn't high enough for HDTV? I don't think any of our Plasmas are HDTV compatible, and I don't remember seeing any that are at other stores... seems like a lot of cash for what is a bit 'dead-end'.
Given the choice I'd wait until HDTV LCD 32" TVs, from reasonable brands, reach about £600, which I think may well occur next Christmas (Currently our Sony/LCD 32"ers are about £999), and they improve the pixel response times. I noticed LOADS of ghosting on the England vs Argentina game in our store yesterday, on an £1000 LG 32" HDTV set, with a claimed pixel time of 8ms...