I just bought the Silo 24" TV from Woot last week. I got it today and am very surprised and impressed by the quality of picture. It is about as good as my "Famous Maker" 25" LCD I bought from sellout last year. For those curious, mine has a matte screen and it is visible all the way around the unit. Mine is LED and bright, no heat, lots of connections, all work.
This should work for practically all your basic TV needs. If you are concerned with connecting things like U-Verse, you will not have a problem. If you need adapters, you should have no problem finding them at Radio Shack.
The TV does not have wifi. Few TVs have wifi because so many peripherals have internet capabilities (e.g. BluRays, PCs, AppleTV, Wiis, etc).
Hope this helps. I was not expecting much and am very very satisfied so far. Let me know if there are any questions I can answer. Again, not the same TV but the same low-rent brand.