The Cowclops V2 looks spectacular on my 27" Flatscreen TV (non-HD) AND pretty darn good on my flatscreen computer monitor. I don't plan on buying a higher resolution TV anytime in the near future, so I say if you're like me then the Cowclops V2 will more than satisfy your needs for now.
I'd also like to add that I don't have any other transfers to compare it with (newbie).