I've had this TV for about two and a half weeks, and here's what I have to say about it. But I should say that this is my first time ever seeing HD material at home, and I've only just gotten into researching TV's and such.
Standard definition and DVD:
We don't have HD channels yet, so the majority of our viewing is in standard definition. The SRT thing makes some channels look very good, on others... it doesn't seem to change anything. I leave the SRT settings to auto, unless I don't notice an improvement. In that case, I fiddled around with the settings, and things look the same, or get slightly worse. Either way, leaving SRT on auto seems to do the job just fine.
For DVD's, I play them through my PS3 which is connected through HDMI. I've watched a lot of Lost (Christmas gift

) and it looks great. In some scenes, I can see some grainyness, but otherwise it looks very close to HD. Although I'm not sure if it's the PS3 or the TV that does the upconverting, since I've never heard of upconversion until now.
Blu-Ray
Again, I'm playing Blu-ray movies through my PS3, and it looks excellent. So far I've watched The Dark Knight, Eagle Eye, and Wall-E, and they all looked phenomenal, especially TDK and Wall-E. The black areas in Wall-E (The space scenes, for example) looked great.
Gaming
I've only played games on my PS3, and haven't been able to hook my Wii yet, as our stand is full; and I don't have component cables for it. Overall though, I'm very pleased with my gaming experience. The biggest improvement is text, being able to sit 9 feet away and read the text is just awesome. The only issue I've noticed is some screen tearing, but that's ONLY with Assassin's Creed. Other games (Metal Gear Solid 4, Soul Calibur 4, Oblivion, Disgaea 3, and Grand Theft Auto 4) have no tearing issues. For game mode, I notice an improvement with the tearing issue in Assassin's Creed, but it's still there. For other games, game mode doesn't seem to change anything.
The only major thing that I have an issue with, is the green. I'm not sure if it's
supposed to look like that, but anything dark looks slightly green, mainly around the edges. I especially notice this in dark areas in a semi-lit up room, and shaded faces. It's especially noticeable on dark skinned people when there's shade, they just have a green look in some areas, especially on the edges of the shade. I don't notice the green in video games, just in movies and TV channels.
Unfortunately, the TV has a bunch of dead pixels on the left side, I'd say about 12 are dead. They're always black, and some of them are always a green/teal color. I'm not sure if I didn't notice it, or it happened today/a few days ago.
I've also been doing a lot more research on flat panel TV's, and we may exchange our LCD for a plasma. Plasma is looking very good after doing a lot of research, it's just that a lot of the marketing, salespeople, etc. convinced us that plasmas are horrible compared to LCD :S.