It is real. Mitsubishi will reveal their 65 inch Laser TV tonight at the CES 2008. Engadget was already able to take a couple of photos of the Mitsubishi Laser TV.

Update:
Mitsubishi Laser TV official

The Laser TV is not turned on yet, so the photos do not tell much. The details about the first Laser TV are supposed to become available within the next hour. We will publish them as soon as they become available.

See all Laser TV photos on Engadget.

CES 2008 officially started and we report about the hottest product releases, and there are plenty of them. We are in Las Vegas and will be covering the CES 2008 first hand.
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