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Yes OLED is the best when it comes to picture quality. No debate. However it is significantly dimmer and more expensive. I considered OLED long and hard for our basement "theater" since it's basically completely dark.
However after having our smaller QLED TLC upstairs I found the quality to be pretty good. I'm not crazy about having the perfect picture quality or exact colors etc. What bothers me specifically is poor black levels in a dark room and the TLC managed that very well. IMO QLED (or equivalent technology seems everyone has a different name for it) is the best compromise between good black levels and $$. Certain technologies like local dimming I think also help a lot when not going OLED.
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