Dunno much about the technical stuff.
I have my TV (and music set-up and library) in a small room, so can't use a large flat screen.
I have a 32" Sony Bravia (LCD), and the sheet says it is 1080/60 input and 16.9 720p resolution panel. It has an HMDI interface to my all-region DVD player.

We are quite happy with it.
It's good enough for the two of us and the occasional visitor or two. Besides, our air miles covered the cost.

My kids have 50-inch LCDs or plasma in their homes but they have them in large rooms.

We have other tvs- an old Toshiba (flat screen but big rump) in the work room, a midget flatscreen in the kitchen, and another tiny flatscreen in my wife's bedroom (both the latter were prizes in hospital lotteries).