We bought one of these 40″ LCD TVs about 7 months ago and I have to say that it’s stunning. It’s a full HD 1080P set with 4 HDMI inputs as well as component and a couple of scarts. We run it from a Virgin media V+ box set and the picture quality in HD is exceptional.
The only problem we had was to do with the sound. Whilst I was playing around with the various settings when we initially got the set, I turned on the setting which tries to equalize the sound level on all the channels, thinking this would be quite useful. Unfortunately, it sounded just like my old tape recorder used to sound like when I made recordings on automatic recording level (which is exactly what it is when I think about it). Basically during a quite period, the background level rises and then when there is a louder sound you can hear the whole sound level drop and limit.
Once I discovered what was causing the problem and turned that setting off the set has been excellent.
At Christmas we got a Pioneer DCS-575 Home Cinema system and that has added a whole new dimension to the experience, although I found that there is no way to alter the lip-sync delay and had to set the V+ box to 720P rather than 1080i to get the sound correct. Presumable in interlaced mode there is a delay whilst the TV assembles the picture and that is the error which you can’t correct for.