For a long while, whoever the heck was making the displays had some major QC issues that caused a high number of their product to be defective. I forgot the percentage, but it was like 20% of all screens made had dead pixels from the shop floor. Anyhow, since they fixed those issues, the price has come down.
I've had my LCD tv for 3 years....it's only a 13" screen (plenty expensive when I bought it), but it is small enough to mount just about anywhere and the picture is great.