Check out the article right below this one. I have seen LCD tv's and LCD monitors and they're awful. Viewing my LCD monitor from anything short of head on means a total shift in color and brightness. This is a big problem when you're sitting close to a screen. Next time you watch your lcd tv, try sitting 5 feet away and looking at the corners of the screen. Discoloration? That's because the viewing angles suck.
"Despite the shake up in the HDTV market place and the announcement by various manufacturers to stop making plasmas, it continues to be, in my opinion, a superior technology for HDTV panels. While LCD panels are more affordable and more widely available, the inherent cons of the technology take away from the overall quality.
For example, backlighting on LCD panels remain on at all times, and light emission is controlled by a liquid crystal layer, which passes light through to a color filter at varying intensities to create the final image. While LCDs have improved significantly about being able to block light from passing through, it's still a primary draw back of the technology. LED based LCD panels that can turn off backlighting at specific screen locations help LCDs in this department greatly, but aren't yet available in very big screen sizes and are priced significantly higher than traditional LCDs.
Another area where plasmas edge out LCDs is in response time and problems with ghosting. LCD manufacturers try to combat this problem by decreasing pixel response times to very low levels, but most do it by applying more voltage to the liquid crystal gates. While the results do improve pixel response time, they introduce inverse ghosting problems, where certain colors will appear to be inverted.
For many consumers, the primary focus has been on LCDs, due to several factors, but mainly affordability. "