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Looks like the Diamond adds DVI and Firewire, and a few other things like slightly improved technology (which from what I've seen doesn't amount to much if anything), a less reflective protective screen (I prefer the picture with the protective screen removed), and a media control feature. DVI is the thing you'll be most likely to miss, but I doubt it's worth a grand.
I have a Mits myself, and I like it alot. I have to admit, though, if I were looking for the biggest bang for the buck, I'd get the cheapest Sony CRT RPTV and get it calibrated.
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