Firstly, if you do decide to get this, shop around, prices go quite near £200. I've got this hooked up to a macbook for use in video editing, but have also had a go with a set-top box, ps3 and dvd player.
This television is bargainous, because it can do so much. An RF input for television, DVI/VGA for monitor needs, component video, optical audio out, and two HDMI's for everything else (one of those hdmi's is in a flap in the side though). The television accepts 1080p, and and although I only work with 720p video it looks very nice. If you have a 1080p hdmi input you should, rather counterintuitively, change the input description to PC, which makes the signal display perfectly pixel to pixel, bypassing any resizing. As a side note 1080p makes for some very readable screen text. When I first got it I was searching for the freeview settings, they are on a separate menu and button.
The TV of course comes with settings for the electronics shop, very overblown, but once all of the dynamic contrast and blocking filters are off, it's a very accurate tv. Bad sources will look worse on this, the resizing engine isn't the most advanced, but a well put together DVD will appreciate the extra resolution above sd (if you have an upscaling player).
One initial quibble I had was that the power went off whenever I moved it. This was me; I just needed give the power plug a good shove. The included stand will not tilt forwards from vertical, only back. If the shelf you're putting it on is higher than your viewing area you're going to need a bracket of some kind.
But it comes down to this, the gamut is pretty wide, colours accurate. Blacks are dark enough, response is fast, and it can play the highest quality sources currently available pixel to pixel. Low energy use is a bonus. You will get a lot more for more, particularly the backlight isn't as even as perhaps I'd like, but I was so surprised by how accurate and lifelike this monitor can be.
p.s. the speakers are rubbish.