Wow Otto Pylot, quiet the detailed answer, and I thank you for it. Kind of technical for me at some parts.
The reason I can't place my TV where the Desk is, and yes I have thought about it, is because my laptop and the setup around it is on the desk, and I plan to mount a 23" monitor for my laptop (not gonna use the TV because of low resolution for the size for gaming) on that wall.... though maybe I should just stand it on desk and mount the flat screen on top there hmmmmm.....
I've read that the best place to buy accessories is on Monoprice.com .
HDMI cable - I realized already I'm probably going need a 20ft+ HDMI cable to run from my laptop area to the TV. My laptop has an HDMI slot and it seems standard size, though not sure, how can I find out? Also, which type of HDMI cable is best to buy in my scenario, you said "certified High Speed cable", here there are so many different types http://www.monoprice.com/products/de...t.asp?c_id=102
I have the Lenovo Y560P that I bought a year ago.
I've heard mixed reviews on the LK520's speakers, but I have no idea what "AVR" or "HTS" is, sorry.
I already have an older DVD player, and later I will invest in a BD. I mostly watch Large Blue Ray rips that I have on my laptop.
Gotcha on the mounting, yeah I gotta figure out the wall mount myself.
Regarding calibration, I will refer back to the forum when I get the TV, but thanks for that too