Welp, after a few months filled with a lot of reading and learning about calibration, and ramping up my calibration forays from copying other's settings- to calibrating with downloaded patterns and blue filter- to finally purchasing DVE Bluray and trying my hand at my own calibration, I think I
might have finally arrived at settings I'm happy with.
Its funny, looking back at previous posts I've made, I think I represent the general novice calibrator who's trying to learn and making the jump into TV calibration. I've learned a LOT from this forum, as well as other forums on AVS, and also by reading any and everything I could about calibration on the internet. JCal has definitely been a huge help, as he has been to others in this thread, in helping me understand the science behind calibration and what all of it means. People like he, Mahler and Clicq are the reason us novice levels love coming to this forum.
Anyway, here are the settings I've settled on for my LN32a550. I don't have equipment, so there are no adjustments to pirmaries and secondaries or the grayscale, so I realize these won't be absolutely accurate, but they are the best I could do in basic calibration using DVE. Hopefully they can help someone with the same screen size and model to improve their picture from the default.
Settings
Backlight = 3
Contrast = 92 (even 1 or 2 clicks above this, and high intensity colors start to go funky, as JCal had suggested)
Brightness = 46 (as JCal had told me, I checked the optimal level at all different settings with DVE, and it always comes out at 46)
Sharpness = 0
Color = 50
Tint = G50/R50
(color and tint were dead on, with what looked like perfect color decoding according to the DVE patterns)
DETAILED SETTINGS
Black Adjust = Off
Dynamic Contrast = Off
Gamma = +1 (I'm pretty sure this is right for my set. My set tends to struggle with low end shadow detail, and bumping gamma by just one click seems to solve the problem)
Color Space = AUTO
Flesh Tone = 0
Edge Enhancement = Off
Xycc = Off
WHITE BALANCE
R-Offset = 25
G-Offset = 25
B-Offset = 25
R-Gain = 25
G-Gain = 25
B-Gain = 25
PICTURE OPTIONS
Color Tone = Warm 2
Digital N/R = Off
HDMI Black Level = Low (set to source)
Film Mode = off
Blue Mode = Off
Energy Saving = Off
NOTE: I think the reason why I feel satisfied enough without color or grayscale adjustment is because the A550 has such accurate color temperature and decoding by default. As per CNET, Warm2 clocks in at just about 6500K (~6580) for the A550, so the grayscale is fairly accurate. In comparison, the LNT-4061f we have in the living room clocks in at ~7000K for Warm2, and the different is definitely noticeable.
As I continue to read and learn more, I'm starting to feel that inner pull towards wanting to purchase some basic equipment and jump into proper calibration. However the fiancee would probably kill me

With the wedding a month away, trying to buy a house, and starting a family, I can't really justify it right now...but someday....