Update 7/6/11: Firmware update 4.0.11 adds hulu plus. This will be of interest to some users.

Pros:
Nice large crisp picture
Huge number of picture adjustments
Low Power consumption
Includes Wireless Network Adapter that can act as a router
Viewing angle

Cons:
Not many apps
Had to configure for best image quality for movies
Auto back light becomes annoying (disable it)
Some light bleeding is noticeable on black backgrounds with white text.

Bottom Line:
Nice TV. Remote is easy to use, controls are intuitive. It offers a huge number of picture adjustments for calibration purposes. Lots of inputs, and nice slim design.

The image is nice and sharp (and not overly sharp). Browse the internet review sites to find some values for setting image parameters up for best image quality (or at least a starting point). The "Cinema" mode isn't bad if you turn off the auto back light (this feature turns... Read more

See my uploaded pictures. I selected this TV based on size and the good picture I saw on this model at Sears. Purchased from Amazon after price shopping. UPS delivered a slightly scuffed up shipping box. The shipping box said it had the AUSYLJR panel. I compared the LG web site contrast ratio to the two different Amazon stated contrast ratio and none agree. Installing the base with eight screws was easy. After my DW assisted me in carefully lifting the TV to the top of my dresser I was ready for the smoke test. But first I noticed a small factory nick on the frame under the protective sticky tape. One star deduction for this blemish. On power up the set went into a simple set up mode but I was stopped cold when it first wanted to scan OTA channels. I hooked up some powered rabbit ears and let it automatically do it's thing. Once that was done I switched the input to an HDMI cable from my cable box and all looked good. It was quite easy getting a WiFi connection. All I had to... Read more

Picture quality is great. This is a matt screen and that's a big plus for me. Speakers/audio is acceptable. That's where it stops. The Smart TV and other features which were the main draw for me, are unsatisfactory and poorly executed.

The "Intelligent Sensor" to adjust pic brightness is a bit of a joke - it merely reduces it to the lowest level possible; nothing intelligent about that.

The Netflix streaming app works fine, and is pretty much the only one that works as expected; although it would be nice if LG had streamlined and standardized the menu choices for adjusting picture aspect ratio and video brightness presets (not available from within the app).

The YouTube app is complete garbage.

Hulu: I saw "Hulu" in a lot of the advertising materials but there is no app for it. You can access it via the Plex media server app, (which requires you to have the server running on your connected computer), but the menu steps you have to go thru to... Read more