I went to chroma and checked out the Philips model you suggested. I also did a round up on the VU models. I was satisfied with Philips. VU tv's showed richer colours. But i prefer reliability more. I am about to zero in on the Philips model. LG if i can stretch i will definitely get it. Thanks for the suggestions.
Can we trust Panasonic as cheransha suggested a deal above.
I personally don't like Panasonic picture processing engine it simply can't match Philips and Sony