Now for the most important step, choosing a display. There are a few requirements for the monitor. First, it
MUST be HDCP Compliant (High Definition Content Protection, think TV DRM). Next, it must have a DVI or HDMI input. It doesn't have to, but I recommend getting a widescreen monitor. Also, make sure that it can display at Least 720p (use
This image to make sure). I used a dell E207WFP which I will be using as an example for setup. It can display up to 720p and is cheap with a picture rivaling most high end HDTVs.
Basically, 720p does not meant 720x480, but rather 1280x720. 1920x1280 is possible on my display, but 1080p is 1920x1080, not 1280, so it does not work.
1280p is not a current resolution available on broadcast tv (As far as I know).
I find that 720p is perfect for me, since my monitor is fairly small I find that it actually has a better picture that my 1080i TV. When you get to these resolutions, it is quite difficult to tell on a small screen, sort of like megapixels on a camera.