Sounds like a good buy until I tell you that I just bought a Samsung LN55B650 55-Inch 1080p 120 Hz LCD HDTV with Red Touch of Color for $2249.99. I purchased it on-line at Amazon.com. I should say that I used a $300 dollar voucher that they offered.

He's talking about LED, .... not LCD ..

Contrast ratio: 1,000,000 .... Contrast ratio: 150,000

its an LCD tv with LED backlighting ,not a true LED TV... ALSO KNOWN TO SUFFER FROM SLOW RESPONSE TIME ON FAST MOVING PICS

They're both 120Hz ..
and the LED (backlit) still has 1,000,000 Dynamic contrast ratio

dynamic contrast is nothing more than a advertising ploy, nobody drives a tv at full colour contrast settings, static or natural contrast is really the proper spec to compare

FWIW, I recently purchased a Samsung 46 in LCD LN46C610 ($878 + tax) and a 32 in LCD LN32C350D1D ($349 + tax). The big one is 1080p/120 hz and the small one is 720p/60 hz. So far, I like both very much.

local home store, menards, had a 32" lcd for 200. after 70 rebate which is a store credit. they are sneaky. not that store credit is fake but it forces you to buy more stuff there. which i probably will do anyway. rambling....