It seems that Sony is making good on its promise to deliver the first commercial Organic LED (OLED) based TV in 2007. The new XEL-1 (organic EL based panel) will be the first to go on sale on Japan this December for around $1735. The new ultra thin (3mm) 11-inch display will boost a remarkable contrast of 1,000,000: 1 (or higher) compared to around 20,000:1 on today's high end Plasma displays. The high contrast will result in much deeper (more realistic) black color and should also allow to view the TV in a brightly lit room.
What do you think of the contrast? I'll wait a couple of years to see how this new technology develop.