Wait! Flat panel TV prices will be coming down.

Updated

Amid all the depressing news about the lousy economy and even worse retail season I find one piece of news quite cheerful: not only have flat panel TV prices fallen enormously. They're on their way down further.

Writing for the New York Times recently Eric Taub points out that while salesmen say prices are as low as they can get (Shocking!), prices are due to dip further. (He also helpfully notes that springing for the higher resolution 1080p is pointless if you're getting a television that's 40 inches or less. Samsung told investors today in San Francisco that price wars are hurting its margins, so it's investing in a more expensive, faster-refreshing screen.

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