Well said mps.
But the problem is that nowadays, people are with so much of disposable incomes (I mean a CTC of 15-20 lacs pa is considered avg nowadays) do not have patience to wait for a new technology to mature before making a purchase. And technology changes so fast nowadays that even before one tech matures, new breakthrough technologies already appear on the horizon...and then you again start waiting for "new horizon" technologies to mature...and this leads to an endless wait.
Just as you said, there's never a best to buy a paritcular PC model, because it is bound to become either old or cheap innext few months.
Hence, why not take the plunge whenever you are comfortable with a budget? Because I'm sure no technology of today could last as long as the good old CRT lasted (i.e. around 50-60 years).
I also recently bought a 32" LCD, partially because I could not afford a bigger sized one at this point in time, and if I did wait for a 32" full HD plasma, it would also have been too costly (I got LG 32" HD ready for 34K!). And I can buy a full HD 42" plasma after 3-4 years, when HD content also becomes widely available.
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