MISCONCEPTION #1: PLASMA TVS NEED TO BE "SERVICED," OR HAVE THEIR PLASMA CHANGED OUT, EVERY COUPLE YEARS OR SO.
Perhaps the only compelling thing about this idea is that it resonates with good auto maintenance know how. To many people, plasma displays are like cars: You know how to use them, but you don't know a whole lot about how they work. Which is surely how this Urban Legend gained its foothold in the popular imagination in the first place. It has certainly been utilized by any number of unscrupulous TV salespeople to push extended warranties on otherwise unknowing "marks" -- people who have already spent a few thousand dollars on a new TV and would have no compunction about shelling out another $250 more, provided it will help safeguard their investment. While purchasing some additional "insurance" against mechanical defects might be worthwhile, especially when you are buying something this expensive, using scare tactics to ring up extended-warranty sales is unethical.