It is a good time. Last week I picked up the Samsung UN55B6000 (55" LED). Best Buy matched Brandsmart's price of $1998. It has the same panel as the 7000 and 8000 series, minus some internet features and 240 hz refresh (8000), which from what I've read, no one can discern the difference from 120 hz refresh. I certainly couldn't. It does lose black levels when off angle, but it's an outstanding picture nonetheless. A nice upgrade from my Sony 60" SXRD. Even the Wii's display appears to be HD at first glance.
