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Everything I read is that burn-in isn't an issue any more with plasmas. Is that not true?
While plasmas have improved with respect to temporary image retention, they are still susceptible to uneven wear, or "burn in." It's just the nature of the technology and there is no way around this. The phosphors get dimmer over time, so any portions of the display that haven't been exercised as much as others will appear brighter. The same is true for CRTs. How long it takes will depend on a number of factors - how much the display is used, how high the contrast is set, the particular make and model of the set etc. But eventually - whether in six months or five years - you'll get uneven wear from displaying black sidebars the majority of the time. Now if you vary your programming and watch material that fills up the screen a majority of the time, it shouldn't be an issue.
And for the record, I have nothing against plasma and would recommend one most of the time for most applications - just not this one.
If you're not interested in HD for the foreseeable future and most of your viewing is 4:3 material, I'd personally recommend perusing Craigslist or similar classified listings and picking up a really good 32-36" CRT with a 16:9 mode. Many people are clearing their old sets out and they can be bought for under $200 dollars. Might be a good interim solution for a few years.