In one of my many, many social networks (I'm wired for content, baby!) a theater actress, sometime TV actress (she lives in NYC, so you may know her from a Law & Order) was saying that she was pondering the difference between TV and Theatre. It should be noted that her husband is currently shooting a TV pilot, and so it was in her head.
I do love a quality play. I've read more than I've seen, mainly because no one puts on Ugo Betti or even the simple pleasures of a "Butley". I've got the book smarts, you see. But here's an argument for TV, right here.