If you've got the space why not consider a HD projector setup? It'll provide much more realism compared to any LCD/LED/Plasma tv/monitor.
I've been running a Dell 30" 2560x1600 monitor since 2008 and have also used a 47" LCD tv on occasion,but prefer the 30" due to the extra resolution. I've been extolling the virtues of the QNIX 27" 1440p monitors that Joe mentioned earlier, on these forums. For that price point nothing can touch them (and they can also be overclocked to 120hz!).
Thanks for the suggestion. We were going to try it with an overhead projector, but forgot about it (until you mentioned it!), so when it all arrives will give it a go. We just want (and need) the most clear image we can get that looks accurate, but still large enough to fit above the width of the Saitek panel. I'm going to lug my PC to a friend's house to see how it runs on a 60" TV. Don't think I'm going to be too impressed. Time will tell.
Cheers,
Martin