I have a 50" 720p DLP display as a main TV, and a HT with 720p front projector on a 10 ft screen (see my system page). It's more than just "decent" IMO and I'm very happy with the resolution (even with the 10 ft dedicated theater), though maybe if I had spent any time with 1080p my expectations would be higher.
budget lcd or plasma: 720p good enough?
For an entry HT...would a 720 tv be decent or should i just go with 1080...budget is super tight....