So I went to my younger brother's apartment tonight, played some Rock Band and watched some college football in HD and you know what, his set did not exhibit the kind of red ringing/smearing that my set does. He has an old 720p Toshiba Regza LCD. I think there is something seriously wrong with this panel. I'm afraid of exchanging it tho ...... I am NOT returning this set only to have to send it back again if the replacement exhibits the same problem.