I assume it's for your living room a 40" tv is the norm unles it's a small room then 37" would be okay. If your getting it for your bedroom and it's a small room then a smaller set would be okay. When I went shopping for a new hdtv I did not look for a small set soI could go blind, I got one I could live withand play games on. I didn't get a cheap one with ghosting while I was gaming so 8ms was the bar for me.
Your display like your speakers should be good otherwise it does not matter what signal you feed them it will look and sound like rubbish.
ChiChiMonKilla
I've been perfectly fine with a 30" set in a living room of a moderate size for the past 7 years now. Pretty much regardless of what HDTV you buy its going to be a heck of a lot better than your old set, right now I'm looking at 26" models actually and that should be fine (maybe 32" if they get cheap enough).
The thing is that most people would be more than happy with a 19" widescreen LCD (I am) and most people would be more than happy with a 32" HDTV, they aren't cheap but right now you can get one for less than around $500 on Ebay, even if its not of an excellent quality.
When I talk to people about PC hardware I usually talk no higher than lower highrange (as in no higher than 7900GT or 8800GTS 320MB), TVs are the same...some people may buy a 65" plasma but most people aren't going to buy 1080P or anything much larger than 32" inches. I don't consider the cost of a namebrand 40"+ (especially 1080P) comparable there.
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