I feel like the LED vs Plasma warring was due to the fact that both sets covered the whole price range. There were $1k plasmas and $1k LCD's (which begs the question why you would buy the LCD :p). So, people were justifying buying sets at all price ranges. But now it's you buy an LCD up to the high end where you can go OLED or LCD. So a lot of the noise is cutdown as most people buy an LCD. Since, that's what they can afford.
So overall it's "less complicated" in terms of what display tech to buy. But, now it's all the extra stuff like HDMI version, port count, ARC vs eARC, smart apps/TV OS and HDR versions/quality/NITs.
Absolutely. I always start with distance (size) as a priority first as the distance is usually invariable for most people's setups, then figure out your budget, and get the best TV at that size with the most features that are important to you that you can for that size & budget.
I hope you enjoy whichever TV you end up going with! Good luck :)