Forget income tax rebate checks -- what are you doing with that bonus that should be arriving between May and August of this year? Apparently, 1 in 5 of you will be spending at least a portion of your economic stimulus rebate check on consumer electronics. Granted, this "research" was dug up and put out by the Consumer Electronics Association, but all in all, it actually sounds about right. After all, shipments for flat-panels have already been on the rise this year despite a softening economy, and according to the CEA, "computers, televisions and mobile phones" are the items most likely to be targeted. More specifically, some 39-percent will purportedly use their extra income on a TV, but for their own sake, we certainly hope they set aside enough to purchase HD service to go along with it.

[Image courtesy of Crutchfield]

We already learned that some 28-percent of US households were rocking at least one HDTV back in March, but now the Consumer Electronics Association has come forward with new figures showing that over half of American abodes are home to a digital television. According to revamped CEA projections, around 32 million DTV units will ship out next year, with 79-percent of those being HD sets. 'Course, the downside of this is that a good chunk of America still isn't prepared for the DTV cutover in 2009, but thanks to all the advertising that will likely be taking place over the next year and change, we'd say they've got plenty of time to get on board.

It seems that this question gets posed by one mainstream media outlet or another every year or so, and what better time to ask again than following estimates that 50 million American homes will be HDTV-equipped by the end of next year? It's no secret that carriers are pushing HD more frequently in their advertising, and now that select basic cable channels are finally making the move to HD, we wonder if the currently satisfied viewers will get curious and follow along? Numerous analysts have suggested that consumers won't make the jump en masse to demand HD programming until a noticeable amount of non-network content becomes available in HD, and while CNN, Food Network, TBS, and A&E (for instance) are all going (or have gone) HD, there's still hundreds of channels out there that have yet to purchase the first piece of HD recording equipment. Is HDTV ready for mainstream? Our gut says not quite, but we're a lot closer today than we've been.

[Image courtesy of PSBSpeakers]

Honestly, don't look so surprised. Just under two years ago, some 15-percent of American homes had at least one HDTV somewhere on the premises, and not long after, estimators were suggesting that a whopping 82-percent of domiciles would be HDTV-equipped by the end of this decade. Earlier this year, a more recent report found that over one-quarter of those residing in the US of A owned an HD-capable set -- though we'll never live down the embarrassment from the hordes of owners who've yet to figure out how to operate them. Nevertheless, an updated study has found that "more than 30 million US households now have at least one HDTV," and judging by recent sales figures, has estimated that 52 million homes will house an HDTV by the end of 2008. Now, how's about a few more HD channels for the growing sect, eh?

As if there wasn't enough variations of HD feeds, and the fact that NTSC and PAL just can't seem to get along, the last thing the blokes across the pond want (or need) is another complication when it comes to catching American sports on their HD sets. Thankfully, Eurovision is not only sparing everyone the trouble, it has reportedly claimed a victory in the typically messy conversion game. The global network operator has apparently transmitted HDTV coverage of NHL and NBA games shot in America to Europe, all without down-converting to NTSC in the process. The content originated in 1080i/60, and was rebroadcasted in the UK-friendly 1080i/50 format, all while keeping users on both ends thoroughly pleased. Eurovision's head of production and services, Tony Naets, proclaimed that Europeans who witnessed the converted coverage "were delighted with the results, which included the ingest of the original coverage through the resources of Eurovision Americas in Washington, the conversion from the original broadcast format to 1080i/50, and the transport of the converted signal via our dedicated transatlantic fiber to the European uplink." While quite a mouthful, we think we dig what he's saying, and as soon as Europe sends a few of its own HD soccer football feeds our way, we'll be grinning from ear to ear as well.