Actually, buying that cheap Plasma TV can end up saving you a lot of money. I mean, you are not going out as much for your entertainment because you have an awesome television at home that provides you with all the cheap entertainment you want.Here is my Plasma TV recommendation:

The P42T01 uses Hitachi’s new breathtaking style range design and latest plasma technology to create an amazing viewing experience. With a host of outstanding features, this HD Ready Plasma TV will fit perfectly into any living room.

Hitachi P42T01 features:

*  42″ Widescreen Plasma TV
* High Resolution of 1024 x 1080 Pixels
* HD Ready
* PICTURE MASTER FHD Engine
* Integrated Digital Television (IDTV)
* 2 x HDMI Sockets
* 3 x SCART Sockets
* Optical Audio Output Terminal
* SD Card Reader
* USB Socket
* Motorised Swivel Stand

Hitachi to Showcase the World’s First UltraThin Line of Displays at Annual Dealer Show This Week

The Much Anticipated and Only “1.5″ Displays Are Now Available to Consumers
CHULA VISTA, Calif. —(Business Wire)— May. 1, 2008 At its Annual Dealer Show this week, Hitachi Home Electronics (America), Inc. will showcase its “1.5″ family of UltraThin Displays, which, for the first time, are now available for purchase by U.S. consumers.

Unveiled to rave reviews at the Intl. CES in Las Vegas in January of this year, the 1.5 displays — so named due to their sleek 1.5-inch depth — continue to generate excitement and momentum, particularly now as consumers are able to purchase these slim, stylish displays through retail and specialty AV dealers nationwide for the first time.

Available in four screen sizes (32-inch, 37-inch, 42-inch and 47-inch), the 1.5 displays embody an array of Hitachi’s engineering breakthroughs which have resulted in an award winning design, unrivaled thinness and outstanding picture quality. From the patented ventilation technology to the backlight, power supply and unique crystal frame, the innovations found in the 1.5 line represent Hitachi’s achievements in areas as diverse as automotive design, server systems and optical R&D.

The new 1.5 line is further differentiated by its appealing design that, importantly, extends a complete 360 degrees around. So whether the displays are seen from the front, a side angle or from the back, the elegant lines and distinctive aesthetics demonstrate an attention to detail that make the displays the ideal complement to a luxury lifestyle.

Another important first: Hitachi has now outlined the pricing structure for the new 1.5 line, which will be offered in Director’s Series (X) and Ultra Vision (V) models. Pricing and availability for each model is as follows:

HITACHI SHOWS OFF NEW ULTRA THIN PLASMA DISPLAY AT CES

– Just 1.5-inches Thin, Hitachi’s New Plasma Display is Centerpiece of “Innovations Showcase” at its CES Booth –

LAS VEGAS, INTL. CES (Booth: Central 11906) - Jan. 4, 2008 - Hitachi has developed an Ultra Thin plasma display panel (PDP) that is a mere 1.5-inches in depth. Having shaved more than one third of the thickness off of today’s comparable plasma displays, this new product represents an engineering achievement of significant importance from Hitachi.

This new Ultra Thin plasma display will be the centerpiece of Hitachi’s Innovations Showcase here at CES, which also features:
• A “super” Ultra Thin LCD at just .75 inches in depth
• An advanced search technology that can be applied to visual images
• A system that allows video to be shared between homes and then viewed on a TV, not a PC
• A wireless video gateway for sharing content among several displays in the home
• An IPTV user interface for accessing, managing and sharing content at home or on the go

Complete Family of Ultra Thin Displays
While a handful of companies, including Hitachi, have already developed Ultra Thin LCD models, Hitachi is among the first vendors to demonstrate an Ultra Thin plasma display. For various technical reasons, the challenges in producing a thin plasma display greatly exceed those associated with developing a thin LCD, making Hitachi’s achievements - 1.5-inch Ultra Thin models in both LCD and PDP - even more impressive. As a result, Hitachi expects to seize an early lead in the rapidly emerging and commercially attractive new category of Ultra Thin Displays.
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“Hitachi has a long history of innovation and a proven track record of making breakthroughs that advance the consumer electronics industry,” said Daniel Lee, vice president of marketing for Hitachi America, Ltd., Ubiquitous Platform Systems Division. “But what is even more important than being first with a prototype or concept is being first to deliver the end product to consumers. Especially for our complete new line of Ultra Thin displays, we already have the manufacturing processes, sales and marketing investment and overall corporate commitment in place to put these products into consumers’ hands months, if not years, ahead of other suppliers. From our perspective, and that of our distribution partners, being first with a product in the sales channel is ultimately what is most important.”

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The P50S601 Ultravision Plasma HDTV offers a mind-bogglingly clear, high-quality, and sharp image with the inclusion of Full HD1080 resolution. And there is no shortage of detail here. Close-ups are closer and panoramic shots more vast and pristine in your favorite blockbuster with the P50S601’s 2.07 million individual picture elements creating a superbly intricate color video mosaic.The PictureMaster processor matches its Full HD1080 panel by upgrading all incoming signals, thus optimizing the picture performance of that source material. In addition, the P50S601’s two component video inputs accommodate a broad range of high-end analog input sources, including cable and satellite receivers, DVD players, VCRs, and video games. The PictureMaster also includes MPEG noise reduction, dynamic contrast, dynamic histogram processing, automatic 3:2 film enhancement, four HD aspect modes, and six SD aspect modes.

The three HDMI SimplayHD (HDMI CEC) 1080p compatible inputs included in the P50S601 give it the highest quality connection and connectability with home A/V devices. Multiple high-end digital interfaces that are 1080p compatible and include high definition video and audio in a single cable connection mean that this plasma TV will fit right in with the rest of your system, and given the rest of its impressive list of features, will soon be the leader of the pack.

The P50S601 doesn’t like to brag about the ridiculously gigantic plethora of colors it offers, and, lucky for it, with a 16 bit, 281 trillion color capacity, it doesn’t have to say anything. The P50S601’s sixteen bit processing increases the number of steps to over 65,000 per color for the smoothest and most film-like image possible, ultimately resulting in that gargantuan color capacity. And to maximize the spectacle of all those colors across the screen, the P50S601 provides a wide range of aspect modes so that you can expand the image to the widescreen format while minimizing visual distortion and eliminating the black bars that may be visible on the top or bottom, or even on the sides, of the screen.