I have a Samsung Electronics 40" 1080p LCD HDTV (LN-S4095D). You can pay up to $2,300 for this thing. Amazon's price now is $1,750 and this place onsale.com (which I can't vouch for) has it now for $1,399, with free shipping. That's a great deal. With HDTV service via antenna or cable or satellite, it's a fantastic picture. Get yourself two HDMI cables from ebay (about $20) instead of paying $100 at the electronics stores, and you're good to go. They connect to a DVR and CD player.
Response to comment: As far as I know, they can still charge for TV boxes. I pay per month for the box and HDTV service. The wrinkle comes when the law allows them to get rid of analog signals entirely. You'll need a converter box just to use non-digital TVs since all signals will be digital. So the federal government is going to subsidize folks to get those boxes. Then you'll be able to keep the old 27-inch 4:3ratio set or the 13-inch set in your bedroom without upgrading to digital sets everywhere.
I think the comment was actually a reference to the new law that just took effect, which is designed to create more of a market for retail cable boxes (with cards to activate them). See http://www.newsfactor.com/story.xhtml?story_id=12100DQDRA2Q