I think it is quite rediculous to use a TV vertical. Are you going to hide a part of it? With a normal 24-27 inch PC monitor, you can perfectly make a fanless cab, with a huge TV I doubt that is possible. Also it makes a nice bezel impossible.
If the viewing angles are good, why is it ridiculous to mount a TV vertically?
I'd definitely hide all but the game area of the screen with a bezel. And I don't see how a nice bezel is any more difficult to do with a vertically mounted LCD TV vs a horizontally mounted LCD PC monitor.
What I'd probably do is make the bezel square rather than 4:3, say 15.25 x 15.25. That would give me about 19 inches diagonal for both horizontal and vertical, with a couple inches space at the top and bottom for horizontal, and a couple inches space at the sides for vertical. I would use mame's vertical and horizontal stretching sliders to make it fit. I know it's a lot of wasted screen space, but, hey that's the widescreen revolution.
If I could get a 25 inch 4:3 LCD I would - that's the real monitor I need, but they don't make 'em, so what else can I do if I want to have decent size horizontal and vertical without rotating? I know I could put a 25 inch CRT in there, but my woodworking skills are mediocre at best so I don't want to deal with that size and weight, not mention that it's only going to get harder and harder to find replacements as time goes on.
I admit, the heat issue hadn't really crossed my mind. My cab is fairly well ventilated though, and I wouldn't mind having to put a fan in.
With a 16:10 screen you have 1200x1600 res for horizontal, and 1200x900 for vertical. With a TV you have 1080x810 for horizontal and 1080x1440 for vertical.
I have a 22 inch 1680x1050 now so I'm playing at 1400x1050 I guess. Looks fine to me. I'm really not picky about picture quality as long as it's reasonable. I'd be very surprised if I were unhappy with the picture on a 32" TV. It's probably a better display than what I have now.
A 24-27 inch 16:10 would be more appropriate for that.
If you have any links to where I can buy a new 25.5-26 inch 16:10, please post them. All I can find is 24, (which I'm feeling like isn't a big enough jump over my 22 to bother with a whole new monitor) and that 27 inch mentioned above which is probably too big for my cab even decased and might be a bit dicey on the viewing angle.