I've owned my TC-P50X1 for one month now. Being new to plasma, wide screens, and HD signals has been an interesting experience.
Budget, viewing distance, and experience aside, this was the right tv. Plasma is beautiful. The colors are brilliant and the user settings are very good.
This was the right tv for my situation because it was affordable, big, and most of all, it adapts well to the different signals and programs that come on. With different signals, and different stations broadcasting shows in various formats, I learned that at least currently, I needed a tv that could automatcally adapt and fix the SD/HD signals quickly and correctly. This tv presents a very presentable image in SD, letterbox, 4:3, 16:9, chopped, pressed, and stretched!
I've worked with video and framing at the computer level for over 10 years and this Panny is "intuitive." Now, with the move over to full HD at all levels, my needs and desires might change, but at least for the next few years, I am more then pleased. Way to go Panny X1!