I like my Oppo upscaling unit for my 37" LCD. For sizes less than ~45", I don't think you need more than 720p/1080i.
The only way to really tell is to buy both, try them out, and return one.
I'm not sure if this is true, but I think the Blu-Ray players don't play regular DVDs...do they? That's something I'm disappointed in.
Wanted to buy a new dvd player and was wondering if I should wait for a price drop in the Blu Ray player, or buy an Upscaling DVD Player for now and then buy a Blu Ray player after a year or so. Any thoughts appreciated.