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In my basement: 42 inch 1080p LED TV as a computer monitor. I sit about 2-3 feet from it, so it just reaches the outer limits of my vision. It's awesome. I've got my PC, PS4, PS3, X360, N64, OUYA, and cable box hooked up to it, with an audio receiver and HDMI switch handling the input switching. I'll likely upgrade to 4K (43 inch and 40 inch seem to be the most common) in a year or two. I sit close enough to it that the resolution bump will be easily and immediately noticeable.

In my main floor living room: 54 inch 1080p Panasonic Plasma, which has a PS3, Wii U, Chromecast, and a cable box hooked to it. It's great, but my wife usually monopolizes this one for TV watching. I'll often move the Wii U between the two TVs as needed.