Well, I have a plasma and several LCDs, one of which is the LG 65LW6500 65" LED. LED/LCDs, at least in the bigger sizes, are often as reflective as a plasma (my LG certainly is). I use interpolation on my LG, adjusted to my taste: de-judder at 3, and de-blur at 9. That gets it fairly close to plasma smoothness without *too* much artifacting/haloing. I've noticed that my LED can be too bright when using my HTPC for web surfing (as I am now), leading to eye fatigue. Truth be told, I got the LG for its passive 3D. It's edge-lit and the minor flashlighting never bothered me, but the backlighting is uneven for sure. The passive 3D on that set is lovely.
I just wanted to address the OP's questions, not rehash all the pros and cons of plasma vs LCD. I'm rather agnostic about it. But sure, plasma gives more for the money. My LG set me back over two thousand bucks. To get PQ comparable to the Panasonic plasma, you're gonna have to spend more, a lot more that that. Like for a Sharp Elite or a top-end Sony (I forget the model numbers). BTW, burn-in is not really an issue with newer plasmas, although IR (image retention) might bother some folks. It doesn't last long, even on my old plasma. Run the pixel orbiter and color wash from time to time and it goes away quickly.
Not to go too far OT, but sadly, after a year of use, my LG has developed a vertical line, which most likely means a defective panel. I've filed a claim under the Discover Card extended warranty, and it's likely I'll get a refund. What I really want as a replacement is a BIG 4k passive set, but that's not on the cards for several years at least. So I'm considering plasma again as a stopgap. A cheap one, like the LG 60PA5500, no SmartTV, no 3D (I dislike active). It's $699 bucks after $100 rebate with free shipping at Tiger Direct for another week. Yes, everyone here recommends the Panasonics, and for good reasons, but just wanted to put that out there. A 60" plasma for 700 dollars is a lot of TV for the price, even if it's not the best one can buy. Owners posting in the dedicated thread are mostly pleased with it.. If I get some indication where my claim is going next week, I think I'll get it.
Edited by fritzi93 - 2/13/13 at 6:31pm