I've had this TV for more than a week and spent some time playing with it and have watched different TV shows, several movies, both 2D and 3D. I think I now have a pretty good idea about how this TV performs.

First of all, let me start with a brief summary of pros and cons:

**Pros:
- Inexpensive
- Pretty good looking
- 3D
- Many advanced controls for tweaking picture quality, ISF calibration ready, as LG put it. This is a huge plus for an entry level TV
- Excellent picture quality and color accuracy, especially after being properly calibrated
- Low power consumption for a plasma TV, has built-in smart power-saving feature. After being calibrated, it's less than 100 watts in 2D mode which is very low for a plasma TV and within the territory of LCD TVs.

**Cons:
- Only 720p. This actually doesn't bother me because I hardly notice any difference in picture quality compared to my 1080p TV unless I get very close, something... Read more

This TV is amazing, I highly recommend it. Great quality construction/design, great quality sound, great quality picture. What more can you ask for? Thanks LG!

UPDATE:

Haha So, the above post was when I originally bought my TV (2 months ago). Well, I have had it hung on a wall since purchased and everything has been awesome. Well, today after having the TV on for about an hour it made a loud "POP" noise and shut off. It won't turn back on. Boooo LG. It's 2 months old and died. I keep a very clean living space so I know dust is not the issue, I keep the temperature around 74-76 degrees. So, I can only sum it up to faulty hardware? Maybe this particular TV is the only one with this issue, I don't know. But, "Life's Good"? Now, "Looked Good".

Amazon will not refund the purchase amount because I am outside the 30 day return window.

Thanks again LG!! :)

NEW EDIT (1/20/2012)

PROS:
Cheap 3D plasma TV
Great Calibration options for greyscale
Good Calibration options for primary/secondary colors
Decent picture (really good for the price point)
Good 3D
Thin and attractive looking tv

CONS:
-1024 X 768 resolution (note: this technically falls under 720p but normal 16:9 720p is 1280 X 720 which is 921,600 pixels which are 1:1 or square shaped, the 1024 X 768 is more commonly found in PCs, it's 786,432 pixels that are 4:3 shaped) this is usually for 4:3 televisions/monitors. So the 720p here is actually a lower resolution 720p than that found in most 720p HDTVs (ie, has fewer pixels).
-black levels not really great for a plasma set, comparable to other budget tvs
-Energy saving modes are terrible
-image retention may annoy some or scare some folks
- 3D glasses, LG glasses have a 10 minute aauto-shutoff so most people have to resynch a few times during a movie (not a... Read more