I purchased this TV during one of the December WootOffs for $349.99 plus tax. I thought I'd take the time to give me thoughts on the product.
The TV is very thin and light. I was able to easily carry it, even in its box, all by myself. It has only a 400x400 VESA mount for wall mounting applications.
The television has a plethora of inputs, and generally, was easy to setup. I really use this only as an extra monitor for my computer, and I actually had a bit of trouble setting it up (which is rare, because I'm a computer guy). What happened was, Windows 7 detected the new display, and then it worked, and then it shifted to "Unsupported Mode" with no picture. I had to go into advanced display settings on my computer and change the detected refresh rate from 51 Hz (huh?) to 60Hz. Once I did this I was able to get the full 1920x1080 resolution as my second monitor.
The TV auto-adjusts every time you turn it on or switch to the VGA input. This would be great, but for some reason it only works if there is actually a picture on the TV (not just a signal). For example, if I turn on the TV and there is nothing on that screen, then if I open an Internet window and drag it to that monitor and maximize it, half of the x button in the upper right corner is shifted off the screen. However, if I turn off the TV and turn it back on, or switch inputs and switch it back, it runs the auto-correct and the x button snaps into the correct position. This is also avoided by keeping a background or any window open on the TV.
Another minor annoyance is that if the TV completely loses signal (i.e. if I unplug the VGA cable) then it turns completely off! This is a really, really weird thing, but once you know about it it's not a big deal. It's just annoying.
Colors on the TV are rich and bright. I ran through the color calibration in Windows and adjusted the settings on the TV and was able to get a clear, rich picture that I use for editing wedding photos for clients. The 120Hz cannot be turned off, but does make motion look mighty smooth. It does not, however, seem to give things the BBC effect (i.e. the "filmed with a handicam" look) that seems to be common with 120Hz TVs. I mean, I guess it does a little bit, but it's not terrible.
The audio / sound on this unit is absolutely horrible. And I mean terrible. It sounds like if you took an already cheap speaker and then sealed it inside a backpack and opened the top zipper just a little. There is almost no bass, and everything sounds thin and weak. My last TV was a Hannspree, and its audio was acceptable to me. However, I was so disappointed in the sound from this TV that I purchased a soundbar for $70. The TV has a coaxial digital output to connect to a stereo or soundbar, but it oddly only outputs the TV tuner audio - it would not output the piped-in input from my computer. I solved this by splitting the headphone jack on my computer so that the audio went directly to the soundbar instead of just to the TV. I assume that the output will echo the component / composite / HDMI inputs, but I have not tested that.
I wasn't able to get my remote to program this TV using any of the standard codes or a code search, but the awesome remote that I have has a learning feature that allowed me to program everything I wanted. I even re-programmed the volume control so it directly controls the soundbar. But that's not a comment on the TV, just one on my awesome remote. The normal remote that comes with the TV is okay, just a little cheap feeling.
For $350ish, I thought it was a good deal, and it is a nice size upgrade from my previous 37" TV that I was perfectly happy with.