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I recommend a good size TV (50") for day time viewing in your situation and a good projector (Panasonic PT-AE 4000 @ $2K) for night time or movie viewing. You can have both occuppying the same viewing area with the projector mounted on top of the TV. The screen size difference is dramatic for a projector if coupled well with a good sounding HT system.
Good thread, I'm trying to make a similar decision, between a panel or projector.Why can't a good projector be used in place of a panel all the time? Why do people have both? My room will be dark all the time.