This is not a bad TV, my budy got one after christmas for [EDIT] canadian. There is 2 hdmi ports and 1 component, pretty good for this price. And 1024 x 768 is just the same than true 720p exept that the pixels are rectangular instead of square. It give you better 2.35:1 reproduction but it's not as good as 1280 x 720 with 4:3.
Picture quality is perfect with hdtv source (expressvu and ps3) but average with 480i on the s-vhs input. But i never saw any HDTV capable of producing a good 480i image. Contrast is way better than my Samsung 40inch LCD. Picture does have a little bit more jagged edge on action scenes, but it's really better than the others cheap set at walmart (digistar and sanyo).
At first, i was joking at him, who would seriously consider buying a no-name HDTV from walmart... turn out that if i knew before, i would have save 2000$ and skip the samsung LCD... This ILO is impresive for the price.
The only thing missing on the set is a VGA input for PC, but you can have a 720p vga converter on ebay for less than 100$.
This TV is the same chineese Panasonic-based panel that others stores sell with their name on it (insigna, proton, maxent etc...) but walmart is 300$ less. Everyday low prices rules!!!
If i was to buy an 42inch plasma set right now, this would be the one. Far cheaper than brand names, with exelent picture quality!!