There's a lot of specials goin at Makro and Game at the moment.
Just as a matter of interest, I got a Samsung LA40B550 Full HD LCD and a BDP1600 BR Player for R11999 a few months back. I see the Sony V series going now for R10k. I know these are LCDs, but they are very good, especially for the price. Not sure why you want to go for 720p? I'm watching 720p content off the HD PVR on the Sammy LCD and the pictures are just plain A.W.E.S.O.M.E. not to mention BR content even.
But, SD content does look pretty crap.