However, that is quite an old model. Neither are full HD which means that you will not get the best from HD transmissions when they become more readily available or Blu-ray disks when they take over.
If you are not price sensitive, and want to future-proof you telly (You don't want it obsolete in 3 years time) then go for the LG7000 series.
Phew, I went for the LG there before I saw the last two posts, gonna hook it up now in a while, but not too bothered about HD either so long as the picture is decent.