This is a slightly different review, as I did not buy this as a TV, I bought this as a super sized monitor. I will still use it as a TV but it is not it's primary purpose, so I'll concentrate on what it is a like as a monitor.
Now you can buy IPS panel TVs, but they are roughly twice the price. If you are doing any kind of work that requires detailed graphics or photography, then this might not be for you. IPS panels have much more faithful colour reproduction and are used in high-end monitors like the Dell Ultrasharp and Apple displays, but these are seriously money. Not sure how the IPS panel TVs fair, but one would assume they would be better, and still much cheaper than the displays by Dell and Apple, but also at 1080P also have much lower resolution than the displays.
Anyway, I've kind of gone off topic. The point is this display is actually pretty good as monitor, although 1080P at 32" is right at the limit, you can see some loss of sharpness when compared with my old 22" display. As I'm only doing HTML work and browsing the web it is absolutely fine. The LED backlight means that the energy consumption is lower and generally the pic quality seems better when watching TV (compared with my older 37" 720P LCD Tosh). It's surprising how quickly you get used to the screen size, I was worried it would be too big but now I'm loving being able to see things a bit bigger. The headphone socket makes it useful to plug your headphones in, it's one less thing I have to unplug from my laptop when I go home.
To get the most out of this you will have to play around with it a fair bit to calibrate the screen and get the right settings. I simply adjusted it until it was as close to my MacBook display as possible. Connecting it up is simple as you can simply plug straight into the HDMI, or VGA if you do not have HDMI. Tried both and they both look pretty good.
Even if I was using this as TV, I would not have worried about the lack of a freeview HD tuner. Sure it's a nice to have, but like many people I've got used to Freeview+ now and recording my shows and pausing live TV. Much prefer never to use a TV's built in tuner, and instead save the money from buying a non freeview HD TV, and put it towards a Freeview HD PVR. I think the Freeview HD version (at the time of writing) is around £100 more, so that'a a large chunk towards a HD PVR - my brother in law has the Toshiba HDR5010 which is excellent by the way, although am tempted by the Humax STB which now supports recording to USB.
As a TV this works really well, and def is a step up from my old 37" 720P LCD TV, picture is sharper and even fast moving objects are smoother, despite this being only a 50Hz.
One final note is that I bought Toshiba again because my last one is still going strong 5 years after buying without causing me even the slightest problem.