I went through this deliberation and decided not to bother with 1080p for these reasons:
– I don’t currently have any HD sources and am not likely to in the near future because they’re not mainstream and are expensive, by the time they’re the norm I’ll be in the market for a new TV
– I was in the market for a 32″ and was advised that at the distance I was watching the TV from (10’+), the difference between HD ready and full-HD wouldn’t be apparent unless you were significantly closer
In the end I went for a 26″ which you can’t get 1080p on anyway.