Philips 47PFL5704D/F7

I bought the Phillips 47PFL5704D site unseen at Walmart because of price($640) for specs I was looking for (47", 1080p, 120mhz, at least thee HDMI and/or full HD composite inputs and a fast 2nd response rate).  I viewed many other TVs @ in store displays. The picture quality is as good as any I viewed In store or in other homes. The picture quality is excellent.
Contrast ratio (29000:1) is on the low end.  But I can't see any deficiency. Blacks are very black. Color is vivid and deep.
  There is no analog RCA (red and white) audio out in this TV. If you don't have a home theater receiver with a digital audio in (SPDIF - single 'RCA' looking jack) you'll need to use the built in speakers. Which are OK, but sound like built in TV speakers. You could also get a wire which splits the TVs headphone  jack into the red & white RCA output to use into a non digital receiver for audio. But You would not have full surround sound using this work-around. If you always use a cable (or satellite) box or DVR (like TiVo) to watch TV you could also hook the RCA audio out on those devices directly to your home theater receiver. 
There is a picture of the audio and video input and outputs on the box. Use it To compare with your equipment at home to be sure you'll have enough of the right types of inputs and / or handle the audio out. Here's a link to the manual which also has this info: http://download.p4c.philips.com/files/4/47pfl5704d_f7e/47pfl5704d_f7e_dfu_aen.pdf

I've seen reports of power or 'black screen' problems in other reviews.   When I looked into it I couldn't find any LCD TV brands that did NOT have complaints and YouTube videos showing similar problems.  I didn't crunch any numbers, but this seems to be a generic type of problem that isn't significantly more prevalent with Phillips.  I guess I'll find out. I may consider the 60.00 extended warranty.

Bottom line:  I'd recommend this TV. Can't beat the features for the price. Picture quality is awesome from all but the most extreme angles. Color, contrast and depth, and clarity in speed action is great. Set up was very simple.

I have had this T.V. for a year now and could not be any more pleased with the over all performance of this T.V. I did a lot of research before I purchased this modal and for the money this was the best choice at the time. I paid $998 for it and now they are selling for as low as $649 if you need a great T.V. thats not going to cost you an arm and a leg this is the one. LOOK NO MORE! BUY IT!

Best Philips TV yet, Very responsive to fast motions, Colors see spot on out of the box, and Very Vivid. Blacks Are better then Most of the Older Philips tvs in the past, Great Price for all the features this tv offers.. But over all sound isn't exactly thrilling, for an advertised 30 watts about 15 of them most have gotten lost. The speaker pointing right out the back most likly doesn't help matters.

But Over all a big improvement over past Philips HD TV's , I hope it is reliable in the long run.