"Good value for the money if 2D/HD is the primary use."3.5 starson by Mr_WikiTiki
Pros: Setting suggestions posted on the CNET website provide a very film-like image in a dimly lit room. Believable color, without the god-awful "more real than real" video effect some LED's produce, as the TruMotion feature can be turned off completely.
Cons: Edge-lit design has visible flaws in dark scenes when lighter content is centrally located on the screen. Most noticeable during title sequences and credits, which in the grand scheme of things, is probably not going to bother most viewers.
Summary: I started looking at this model based on CNET reviews, and found it to perform as well as, or better than everything else in its price range (about $1100 as I type). In addition, some of the flaws I observed in the 47LW5600 were also present in televisions at twice the price, so I am quite happy with the flaws vs. price point ratio. Unless you're ready to drop $4000 you probably won't do any better than the LG, and I assure you... I have absolutely no brand loyalty. Lastly, I bought this television specifically to watch 2D Blu-ray movies through an Oppo BDP-93, which the LG does very well. I have no real input on how it performs on HD sports, network broadcasts or gaming, so please refer to other reviews if that is a consideration for your own purchase.
By the way, before you lose your mind adjusting the settings... the Real Cinema function suggested in the CNET, suggested settings posting (http://forums.cnet.com/7723-19410_102-530317/lg-47lw5600-picture-settings/?tag=contentBody;threadListing) WILL ONLY APPEAR WHEN YOU ARE CONNECTED TO A 1080 24p SOURCE SUCH AS A 1080 24p Blu-ray PLAYER. If you are in the settings menu in the television, and not currently viewing 1080 24p content the Real Cinema option appears to be unavailable and you will be melancholy!