I've been shopping TVs and have been mostly looking at models around 40"-42", LCD and 1080i. I'm not much interested in plasma and don't want to pay the premium for LED-LCD. I'll probably upgrade in 2-3 years when prices are much lower and I can also handle replacing the bulb if it goes in an ordinary LCD.
Also have zero interest in 3D or other gizmos - I already have the new AppleTV and am shopping for a Blu-Ray player. I'll jack in the DVD-A player and a HDTV antenna, too. No cable or dish and no video game console. Though I might spring for an Xbox if it gives me ESPN without cable that I heard about (still not sure how that works), but I'd only use it to get ESPN. (And if it's a pain, I'll continue to hit bars for my NCAA football/basketball fix).
Anyhow, it seems that $100 separates the 60Hz from the 120Hz sets. I understand the technical angle here and know that a higher refresh rate will give a smoother picture.
But do you need 120Hz to enjoy DVD, Blu-Ray and streaming Netflix? I'll pay more if it means that visible artifacts will smooth out and give cleaner motion. But if I'll be able to enjoy movies (probably 95% of what I'll have on) at 60Hz, I'll save a few bucks.
Also, any recommendations for specific sets or telling me to go in an entirely different direction would be very welcome. My budget is around $500-$600 for a 40"-42" since that looks like a sweet spot in the market. It'll be a thrill since my last set was a 27" CRT. I can push my budget to $1,000 or a little over if there's a great value on a bigger set somewhere. Thanks, guys!