CBR_MAN: OTOH, I wouldn't be able to use the full LCD area on the Dell in 720p - and that's a trick I could pull with the SGI as well, of course, if avoiding the scaling actually does result in a significant improvement.
As it is, pretty much everything will have to be scaled anyway, so this is pretty much moot now, and possibly will be throughout the life of my pj. I strongly doubt there will be 720p HDTV broadcasts (or any significant volume of HDTV broadcasts at all) in Sweden any time soon, especially considering that the PAL based digital TV standard is pretty good already. (720x576.)
Either way, when size is not an issue (ie you're not restricted by a tiny CRT or panel), I think it makes sense if the 4:3 picture is smaller than the 16:9 picture, rather than the other way around. After all, most 4:3 material is
not meant to be viewed on big screens, whereas a lot of 16:9 material is.
KingOfSwords: So, I can just go with the SGI and most probably get pretty good results, save some $ and
maybe get some more contrast and slightly quicker response with the Dell - or wait "forever" before I start building anything...!

There will most probably be a few interesting but untested alternatives at any given time, so waiting doesn't really change anything. (Never did before, with CPUs, video cards etc...) The longer you wait, the more time you waste, basically.
So... I guess the Dell is
probably not worse in any way - except for the lower resolution, when considering non TV/DVD stuff. The SGI has the better resolution and aspect ratio (IMHO), and the SGI/Cruser deal looks great to me - especially the pixel policy. I don't care much about the $200 or so I could save by going with the Dell, so that's not really part of the equation.
As to "greater flexibility", what do you mean, exactly?