@therealmoot: I'd personally recommend a 32" 1080p Vizio with a refresh rate of 120hz or higher. You can find these at Costco for around $300.
I know a lot of people are going to recommend Samsung, which are nice, but a lot of that is marketing hype. "Official HDTV of the Xbox 360 and the NFL!" and all of that nonsense. Nothing wrong with Samsung, but take a good look at Vizio if you can find a display model in a store, they are great TV's. I have owned numerous Vizio TV's and have been recommending them to my friends and family for years. Currently I have a 32" 1080p 120hz set that I use as a computer monitor and for my PS3, and then I also have a 55" 1080p 120hz set in my living room that I use for Netflix, Blu-Ray, my HTPC, and Xbox 360. They are both awesome and I got them for a fraction of what a Samsung or Sony would cost. Oh, and they both have built-in 802.11n Wifi and internet apps like Netflix and Hulu Plus, too.
Primarily you are going to want these features:
-120hz refresh rate or higher. NOT 60hz.
-1080p resolution if possible, otherwise 720p is probably fine for a 32" screen size...you probably won't be able to tell the difference anyway.
-LED Backlit or Sidelit. I prefer Backlit, but take a look at the difference in stores and see what you think. Both are fine, stay away from traditional fluorescent-lit sets if you can. Most are LED now.
-Make sure whatever you buy has enough HDMI inputs and other inputs/outputs to accept everything you want to hook up to it. Nothing more frustrating than getting that awesome new TV home and finding out it only has two HDMI ports and you want to hook up three devices to it!
-Internet connected "Smart" TV if possible...these typically have built-in wifi and internet apps such as Netflix, Hulu, and YouTube. Great if you don't have a Roku or other set-top box, enables streaming of lots of content over Wifi straight to your TV. Also, TV's get automatic firmware updates over the air which can periodically give you improved functionality and new features
I know that you can find a set with all of these features that is within your budget! Last year I got my 32" Vizio "smart" TV at Costco for $299, and that was a year ago! Good luck man, whatever you do just buy from somewhere that has a liberal return or exchange policy so you can get it home and test it out with your consoles and what not to be sure you're happy with it.
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