No, definitely not.
The following are the disadvantages of Laser TV:
1. Safety - The high power emitted by the coherent laser sources is inherently dangerous to human vision.
2. Speckle - Due to the narrowband coherent light source, speckle will be an issue at the display.
3. Rainbows - Laser TV must draw colours sequentially (first red, then blue, and finally green), which will likely result in colour strobes for some people, similar to DLP "rainbows".
These are very serious drawbacks, yet you wonder why so many tech news items have recently extolled the Laser TV's supposed virtues as a plasma and lcd killer.
The media information blitz, which started last year, can be traced to the pre-IPO publicity campaign of Australian company Arasor and its partner, the U.S. company Novalux. The Arasor IPO was floated on the Australian stock exchange in October 2006.
Apparently, Arasor's primary objective in its media campaign was simply to raise $35 million from stock investors. I wouldn't count on a good product from these guys this early if they're still trying to raise funds at the moment.
Like SED TV, it appears that Laser TV has legal problems of its own:
More Problems For Laser TV Company Arasorhttp://www.smarthouse.com.au/TVs_And_Large_Display/Industry/G3C2K6L4Engadget thinks Laser TVs are nothing but Arasor hype:
Laser TV, no plasma killerhttp://www.engadget.com/2006/10/19/laser-tv-no-plasma-killer/