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If you are talking about the latest LCD's and Plasmas...I would say I still give the nod to plasma, but it depends what you are looking for.
The contrast, colors, black levels on a new good plasma cant be beat. But LCD will get you 1080p resolution for cheaper than Plasma. LCD's get alot more expensive as the screen size starts to go up, but that is changing. Also burn in and life expectancy on Plasmas are much less of an issue now. Best thing to do, go to your nearest tweeter or bestbuy and do some comparisons. Make sure the TV's are being fed by the same source, and have been calibrated appropriately, if not, tweak both and see what looks better to you.
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