Intel Cancels LCOS Development

kfstark writes "It looks like the sub $2000 42" flat panel TV has been pushed back for a while. Intel has announced they are cancelling their Liquid Crystal on Silicon development. Guess I'll have to pick out a different gift for for the umm... kids." Earlier we reported their plans to delay their launch of the LCOS chips. Sadly, now it would seem they've been scrapped altogether.