An LCD TV is sometimes referred to as a "transmissive"
display - light isn't created by the liquid crystals themselves;
a light source (bulb) behind the panel shines light through
the display. A white diffusion panel behind the LCD redirects
and scatters the light evenly to ensure a uniform image.
In general, LCD/TV monitor power consumption
requirements is about 40%-50% of what is needed by a typical
Plasma TV.
LCD/TV monitors are not only a TV and can
be used with DVD, VCD and VCR, they can be also used as a
PC monitor. A Plasma TV on the other hand would not be able
to double up as a PC monitor.
Overall, LCD is great for displays 30-inches
and smaller, and plasma is ideal where 32-inches or larger
display is needed.