Guys, In case its not clear - I have bought the 50" 3LCD Bravia Sony RPTV.
After seeing 50" I dont think I am now ever going to like any smaller displays. There may be 1080P 40" LCDs around but I believe that 50" is the way to go if like me, you love cinema hall experience at home.
Please dont fall for 1080p trap. Any display is only as good as source. When do you think 1080p sources will be readily available in India? Not for at least next couple of years. By then 1080P LCDs might be 75K. That will be the right time to buy them. Dont ever think that 2-3 lac 1080p LCDs of today are future proof. Its very much possible that in coming couple of years, SED becomes the buzzword and LCD is seen as dying technology.
For now, any HD-Ready TV is sufficient for our needs. HDTV broadcasts are in 1080i I think. Whenever HDTV starts in India, 720p TV will be able to display it nicely. For current needs like normal DVDs or Divx, even 720p resolution is way over the top.