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On a somewhat related note Mitsubishi is now making a Laser Television, it's supposed to blow everything else away in terms of color rendition, brightness, detail, etc.
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It's a DLP with a laser light source. There's no color wheel, which is the only thing that annoys me with DLP projectors. It uses only one DLP chip if I remember correctly, so there's still some switching between the three colors, but it's probably faster than a color wheel as it's working at 120Hz.