An LCD, for sure. The size is the only question. Don’t scale down in the name of frugality. Get one that seems nice and big to you ... there will be ones even bigger, don’t worry about that!
I was just at a site discussing this.
The first thing to know is how far away do you want to sit from the tv. Your tv, in inches, should be about 1/2 to 2/3 the size of your viewing distance.
So, for example, if you’re sitting 6 feet away, which is 72 inches, you’re tv size range should be between 36 and 48 inches.
If you want 40 inches or less, LCD is the choice. Between 40 and 60 inches, the site suggested LED or plasma. If you’re going bigger and are prepared to do the proper preparation work, projector.
Of course, it also depends on your personal preferences and budget and stuff.