...Problem with waiting vs. instant gratification is this...
A 30-40" 1080p @hdmi v1.3 will come out eventually probably at over P300,000, then they'll announce hdmi v1.4 or some new interface... so you'll end up waiting again
Some people have been waiting for an HD player to replace their 480p players, while in my case, have been watching upscaled/upsampled DVDs at 720p/1080i for 2 years now.
So the big question is, is it worth the wait?
True 1080p material isn't even accessible to most people...I'm guessing 5-10 years before it does. So either wait that long...or enjoy what is available now
Then when it does become accessible...next question is, was there a big difference in quality? (maybe they'll announce a 2160p or something by then)
In my case I can't even tell the diference between 480p and 720p/1080i on a 120" screen or a 40" LCD most of the time (really have to look)...so I doubt 720p vs 1080p would really matter (to me at least).
If it does, then I'll get one...at least I didn't have to wait