What format will your HD movies be? e.g. HD-DVD etc.
A vague answer but, it will depend on the format/amount of compression. Uncompressed will be a definite no no as the data rate is over 800Mbs but this is rare in the home enviroment and mostly encountered in high end editing.
[Personally I would go for the 24 inch model as it can display 1080 line HD (1920x1080 pixels) without scaling and I like the bigger screen]