Try these ,
All the Toshiba sets have a Game mode that by passes unneeded processing and helps game play bright clear panels and vivid colors.
Don't worry about 120hz for games at this price point you probably won't get a true 120 HZ set anyway but most turn it off for games anyway so does Toshiba in Game mode . 120HZ can make more lag sometimes .
I wouldn't stress on panel ms response as much as the set overall many things besides panel response cause lag even an ~ 8ms panel is OK if the set is decent . Your'e not running 200fps here after all it's just a TV.
Just don't buy cheap off brand TV some of those have 12-20ms panelsand crappy video boards.
Toshiba ,Sony and Sharp have been making TV's a lot longer than most of the others .
If you want to get serious about gaming you will need a fast game box and some high end vid cards and fast
2-5 ms high res (a lot more than 1080p ) ips computer panels . A decent 720p or 1080p will be fine for gaming
better to have a good 720p set than a crappy 1080p set .
Don't confuse refresh HZ with frame rates for games 2 different things . HD TV panels max out at 60fps anyway so have a coke and enjoy it ! If you are PS3 or Xbox on line internet connection is important
FWIHR the Toshiba's game decent mine does but I usually game on my big plasma.
First choice $369.00 + free shipping newest 2013 model has game mode 1080p 39 inch free shipping
or The same set for $349.00 + shipping unless you can arrange a free store pick up or if they have one at local store
Clears scan 120 Hz doubles the refresh rate for clearer fast motion
1080p Full HD, the highest level of HD picture quality available today
Energy-efficient LED backlight for vibrant HD picture quality with sharp contract for lifelike images
Dynamic Picture Mode delivers maximum contract, clarity and color saturation
Game Mode reduces controller delay for faster video gaming action
Second Choice $269.00 free shipping set has game mode also newer 2013 model 720p 32 inch
32 inch 720p set 2012 LCD model has game mode Price: $295.35 + 3.95 shipping
I bought one for $228.00 new at Best Buy in Jan for b/ room now the prices have gone up none the less a very good picture bright panel 450cd/m2 and vibrant color ,better picture than the similar Samsung,LG ,Vizeo and Insignia sets .
Cnet gave it a best buy at $359.00 last year http://reviews.cnet.com/flat-panel-tvs/toshiba-32c120u/4505-6482_7-35159739.html
Still a good back up choice . If you are going to use TV for a PC monitor try to get a get a 1080p set small text will be more clear and and even better if your computer has HD Video with HDMI out for best use with a PC .I have mine hooked up to a Dish Hd box and A PC with HD HDMI out it works very good . All The Toshiba sets have Computer VGA that will work if you need to.
Just wanted to ad Blue ray looks terrific on this set also.
Even at $295.00 it is a decent set .
All the Toshiba's have good scalars so 1080p still looks good on their 720p sets
IMO Sony Sharp and Toshiba and Samsung make good sets followed by LG and Vizeo .