Yes indeed. According to what I read at http://www.digitalversus.com/sony-br..._10659_16.html
"Image Quality: 2D
The EX723 is clearly designed for watching TV programmes and films and it does an excellent job. Once you switch to Custom mode, its deltaE, the discrepancy between the colours in the original source and those shown on screen is just 2.1. That's more than enough to satisfy the most demanding users who insist on accurate colour reproduction."..."Once again we were pleasantly surprised by the PVA display's ability to produce very deep blacks at 0.05 cd/m², giving it a contrast ratio way above the average of 2500:1 reached by last year's TVs. With whites at 200 cd/m², the contrast ratio is over 4300:1, which is an incredibly good result."..."Overall, the picture comes close to perfection. The colour temperature was just a little too cold at 6800 K instead of 6500 K when displaying our grey test card, but this very minor problem is invisible to the naked eye."
If Sony is able to fix the crosstalk issue with a firmware update... this could be one nice BOX.