Cheaper Televisions on their way?

Here in my city (C

A famous fincancial advisor recently made some comments that ties in with that article.

He said that (I believe he was mainly talking about the US) that LCD tv sales have hit a certain saturation point. If Best Buy's price drops level off and no one else is biting, then the current run off is over.

The advisor I heard said that there's also a glut of inventory. The consumer price index is up. Gas prices are up, and yet most americans say that won't drastically effect their travel plans. Bernanke is hinting that on 6/29 he'll raise rates again.

After a long hot summer of sitting on full warehouses of products that are half a year old, retailers will be hot to get people in their stores. The economy is slowing way down, but... that's actually the point. This is all about cooling down an economy so it don't get too hot. At the next slightest hint of lower gas prices and lower interest rates, there'll be a mad rush to spend.

My guess is that stores will do whatever they have to do to get you in their store. They'll probably be willing to take a hit on the actual sticker price of the tv, in hopes that they can make some cash with add-on promotions like entertainment stands or a sound system to go with your new display. Definitely you'll see very generous "No money down - no interest for XX months" deals.

I've been wanting a new tv for years. I still have a 36 inch 4:6 crt. It cost me $300 a couple years ago, it now costs around $100, and it will probably work for another 10-15 years at least. I just can't get myself to pay $2000 for worse picture quality and less lifespan, just for the sake of having bigger.

When I can get something bigger (approx 50" 16:9) with a picture that's AT LEAST as good or better than the crt picture for under $1,500 (final tab, including taxes, protection plan, etc) then I'll think about it.

Bottom line, I just can't get myself to pay around $2k for a picture that's worse than what I have now.