Toshiba 26" 720p from 2007, probably not going to get a new one for a while.

My main TV for console games (PS4, Wii U, PS3), movies and TV shows is a LG47LM615S (47'', 1080p, 3D, LED):

If I want a bigger screen for a game or movie, I switch to my Sony Pearl projector (VPL-VW50, 1080p, 2D, LCOS/SXRD)...the AV receiver has 2 HDMI-outs (and many HDMI-ins), so switching between both setups is easy:

My second TV is a LG42LN5406 (42'', 1080p, 2D, LED). At the moment, my GameCube and Xbox360 are connected... the PS3 will eventually move there, when I need the space for a Xbox One in the other room:

My PC is connected to a Dell 2407WFP (24'', 1200p, 2D, S-PVA) and an Acer GN245HQBMID (24'', 1080p, 3D, TN). The Dell is my main monitor for desktop stuff and slower games (point&click adventures, strategy games, RPGs...), the Acer for racing games and shooters (120 Hz) or stereoscopic games (2 x 60 Hz). Or I use both together, when I need more screen space... switching between the 3 setups via Windows-Hotkey is easy:

So what do you prefer? 1080p or 60 fps?

I use my PC for both, so that's my answer.

All y'all's TV's are big and fancy. I'm using a 32" 1080p 60hz Sceptre. $220.

Sony Bravia KDL-32W655A with very low input lag. It's identical with the Wii U GamePad (which is 1/60 sec). My old LG LCD from 2010 was noticeably behind the GamePad.

is 1/60 sec 16.6667ms? Just checking lol

TVs are sooo 2013
I'm using a nice 22in Viewsonic IPS VX2270SMH monitor. First time I've been blessed with full 1080p res ;__;
Pretty cheap too, got it for $98 and haven't noticed any lag.

I game on a 24" PC monitor because of the low input lag and response times, all HD TVs have alot of both so i choose to game on my monitor even though i'm not much of an online gamer any more.