however most family's basement should be just fine. a 720P projector's picture quality is close to 1080P flat panel. if you go with 1080P projector the picture quality will be much better. the price of projector has come down significantly. for the price of a high-end flat panel (for example, Sony XBR 52") you can get a top quality home theatre projector such as Sony VPL VW60. that being said, if all you watch is only TV news or program from Talent Vision, etc. then a home theatre is an overkill and you should just get a entry-level flat panel.