OLED is awesome…FOLED and PHOLED are even more awesome (that’s right, I said more awesome).

I’ve been waiting for OLED technology for way too long, and thus, I give Sony’s XEL-1 a huge thumbs up. I anticipate many more thumbs up as OLED technology matures, at which time we’ll probably laugh at the XEL-1. Weird, I’m actually laughing now.

From Sony:

Sony’s industry first OLED (Organic Light Emitting Diode) TV, the XEL-1, has a 3 millimeter thin panel and offers unparalleled picture quality with amazing Contrast, outstanding Brightness, exceptional color reproduction, and a rapid Response Time. The XEL-1 delivers outstanding performance in key picture quality categories. OLED technology can completely turn off Pixels when reproducing black, resulting in more outstanding dark scene detail and a Contrast Ratio of 1,000,000:1. OLED creates unmatched color expression and detail and enables rapid response times for smooth and natural reproduction of fast moving content such as sports. The XEL-1 features the latest connectivity options including two HDMI inputs, a Digital tuner, and a Memory Stick slot for viewing high-Resolution photos.

I’m not one to give stock tips and you definitely should not buy a stock based off my recommendation, but I have been accumulating shares of Universal Display Corp. (PANL) for a long time now.

Check it out on Engaget.