[quote name='daroga']GGT, I need help! My wife just green lighted a new TV or a projector for our new house. I'm not sure the room it'll be in is big enough to use a projector well, but I want to hear recommendations on TVs or projectors. My budget is probably sub $1200 for the display.[/quote]
Hm, $1200 is so broad. I guess it depends on what you want?
Offhand, that will give you a huge selection of 26-42" (and an occasional off-brand 46") plasma or LCDs--I believe mostly 720ps--to choose from.
I think LCDs are a better long term value now, and will continue to be, over plasmas--esp. once LED backlights become more common/mainstream. Lower power requirements and heat output still give them the edge at least, IMO.
Brands I like/have faith in are Sony, Samsung, and Sharp with Sonys being the high end in price (i.e. you'll get less/smaller for the money with Sony).
My main TV is a 46" Sharp AQUOS LCD that does 1080p. Picked it up with "Friends and Family" discount direct from Sharp for $1300, but at the time it was retailing for over $2K.
It's been a little while since I've researched projectors, but $1200 sounds like that rough spot between very good and not good enough as far as features/specs.
For me, I'd rather wait and save a little more to get a higher-end, larger TV or higher-end, better resolution/brighter projector than to try and squeeze something in on budget as it minimizes the "rats, I could've done better" feeling post-purchase.
Edit: forgot to mention DLP and rear-projection LCD TVs. There are many solid, larger-sized DLPs and rear proj LCDs that do 1080p that run about this price. Again, I like the 40"-ish size and up Sonys and Samsungs for these kinds of TVs. Best thing to do would be to test 'em out at your local electronics store to see how you like the PQ. I don't care for the lack of brightness/contrast with the rear-projection LCDs (compared with other types of TVs), and the bulb replacement on DLPs can be scary in terms of price and long-term maintenance, but there's a lot of great-looking ones that fall around $1200.
Good luck...