Big TV, bigger price

Panasonic promises its 103-inch diagonal high-definition plasma television will be out in time for Christmas.

Now if you can just come up with the 70 grand to buy it.
Yes, you read correctly. Panasonic on Wednesday said the TH-103PZ600U, with 1080p capability, will be priced at $69,999.95.

The television also will come with a three-year in-home limited warranty, which Panasonic says is unprecedented in the industry.

And here's more from Panasonic:
“Panasonic didn’t create the world’s largest plasma TV as a technology demo for a trade show,” said Andrew Nelkin, Panasonic’s Display Group vice president. “We created it because, as worldwide sales of plasma TVs continue on a meteoric rise, the market is seeking bigger displays on which people can experience the high-definition lifestyle."“As important as it is to provide customers with the biggest and the best image, it is equally as important to Panasonic to provide extreme customer satisfaction,” said Nelkin. “With that goal in mind, we are offering customers an industry-first three-year in-home limited warranty with the 103-inch plasma. We believe our plasma TV customers are entitled to extra assistance to ensure they enjoy an easy transition to HDTV and get the full value of their investment.”
We agree with the part about this TV being an investment. How many house payments is $70,000?

But, to the specs, again from Panasonic:
"The TH-103PZ600U provides stunning widescreen progressive display featuring full HD pixel resolution of 1,920 horizontal x 1,080 vertical, a contrast ratio of 4,000:1, and 4,096 equivalent steps of gradation. Its effective display area is more than 89.3” wide by over 50.2” high. The super-size 103-inch 1080p panel is equivalent in size to four 50-inch Panasonic plasma displays."

http://blogs.rockymountainnews.com/denver/milehightech/2006/07/big_tv_bigger_price.html