To be honest, if your tv isn't larger than maybe 50 inch it is not worth your money to spend money on a tv that is 1080p. I wish I could convince you to trust me so easily, but I can say that I have been in game developement for over 11 years and you won't notice a difference.
I myself just bought a native 720p 40 inch cause that is the largest I would like right now, and I know that you won't see any difference playing 720p or 1080p for that size.
Getting the elite is not a bad purchase as the prices for tv's are dropping, you might one day decide to get something rather larger.
I would try to read more about the Plasmas as all my friends have LCD's so I cant comment on the negatives and possitives of plasma's for gaming. I have read a few comments that did mention that....
...if someone still brings up the topic of burn-ins in Plasma screens, then you know they don't know what they are taling about...
so my advice would be to do more research, but if you plan on getting LCD and it is smaller than 50 inch, then don't worry if it is native to 720p.
I should also add, that the difference in gaming in SD and HD is big. Once you go HD you won't want to go back, and games will look more poop and sort of de-motivate you in playing unless it is in HD.
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