After weighing up the pros and cons and the fact that Argos were offering the 42 PJ350 at home-delivery only at £399.99, I ventured into Comet, who were the only local retailers with the TV actually in-stock. They instantly did their price-match guarantee and an hour later I was watching the new set for under £400 which I feel is a great result.
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The 42PJ350 is every bit as good as my 32PG6000 but bigger. I have Virgin+HD and simply had to set the TV to Cinema mode to get what I regard as a stunning picture. No other settings were changed, the rest are just the original default settings. I do feel though that if I was to use the TV through its own freeview I would need to do a bit more tweaking.
I watched Blackburn vs. Arsenal on ESPN HD and the quality was exceptional with no motion blur. Later I tried my daughters Avatar blu-ray and the quality was the best Ive seen on any TV.
The 32PG6000 has now been used in another room to replace a good but cumbersome Philips 28 Digital CRT which I was fortunate to sell on at work for £50. So all in all its cost me net £350 which Im extremely pleased about.
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I read the owners thread in great detail for quite a while before buying the 32PG6000 and took on board the basic recommendation that it was an exceptional TV. There isnt much on the net about this new 42PJ350 but based on my previous experience with LG I have taken the plunge earlier this time. Im not into techie stuff I just want a TV with a great picture (and sound by the way) and if you are reading this with a view to buying this set I cannot recommend it highly enough and at £399.99 its brilliant value.