Watching in So Fla. The PQ isn't spectacular, but not finding it objectionable. Definitely not seeing the blur effect, all the wipes are clean. I am however seeing very noisy colors, those dark blues and blacks especially are nasty. There's definitely compression noise in the image, but not objectionable, the mesh behind the scorebug is even holding up decently. Commercials are hit or miss, but motion seems to be holding up reasonably well on the high iso replays, the parquet court is swimming a little on the skycam and all that white in the crowd and the strobes on big wide shots are giving fits, but otherwise it looks fine. Not put-your-hand-through-the-display quality, but certainly average for HD sports these days from this vantage point.
Now the audio is a different story. The pregame show was all over the place, not so much from a mix perspective, but it sounded almost like that surround issue ABC was having a while back with Lost where the center channel information was buried and lots of LFE. Like a bad upmix or something. The game itself sounds okay.