Let the hive mind of Engadget get that for you.
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This is huge news right? Isn't the picture quality on OLED's better than LCD or Plasma even?
This is pretty big news, but I'm not sure its new news. For the most part, picture quality is an opinion. How are LED's different than OLED's? I know LED's have been used on DLP televisions making them much more reliable and give the display longer lives. I've heard they can last between 50k - 100k hours without any fading. LED technology has also allowed DLP sets to produce 40% more color than other technologies. So IMO, yes the picture quality on OLED's is better than plasma and LCD.
@Dexter
I think the main difference for consumers is that OLED actually creates the picture rather than just being a backlight for the TV.
Taken from Wiki:
"OLEDs enable a greater range of colors, brightness, and viewing angle than LCDs, because OLED pixels directly emit light. OLED pixel colors appear correct and unshifted, even as the viewing angle approaches 90 degrees from normal. LCDs use a backlight and cannot show true black, while an "off" OLED element produces no light and consumes no power. Energy is also wasted in LCDs because they require polarizers which filter out about half of the light emitted by the backlight. Additionally, color filters in color LCDs filter out two-thirds of the light.
OLEDs also have a faster response time than standard LCD screens. Whereas a standard LCD currently has an average of 8-12 millisecond response time, an OLED can have less than 0.01ms response time."
So yes, OLEDs have alot of advantages over LCD to be sure. Plasma can still hold its own for the time being, but OLED is really the holy grail at this point that everyone is shooting for.