I dunno where else to ask this question. The TV in question is this:
LG LCD TV 42 42LG30R
And here’s a list of its features:
LG 42LG30R 42 LCD T.V
Overview
* 42 LCD Screen
* Resolution: 1366 x 768
* 15,000:1 contrast ratio
* WxHxD: 1033 x 743 x 294mm (With Stand)
* WxHxD: 1033 x 743 x 294mm (Without Stand)
Product Features
* 42 LCD Screen
* Invisible speaker
* clear voice
* Moving LED
* Simplink
* 2 x HDMI
* TV & PC compatible
* 15,000:1 contrast ratio
* 500cd/m2
Specifications
* Screen Size: 42
* Resolution: 1366 x 768
* Dimensions without stand (WxHxD): 1033 x 743 x 294mm
* Dimensions with stand (WxHxD): 1033 x 743 x 294mm
The info varies a little bit i think depending on the website i look into, but the question is, will this TV fully allow me to enjoy my PS3 games and BR movies in true HD? In the features there’s no mention to whether it outputs 480 720 or 1080p or i or whatever.
Is there any difference at all? should i get a full HD tv instead or this one will do just fine?
I’m getting this tomorrow (wednesday, november 26/2008), at USD $1265 tax included . I think it is pretty cheap, but i’d like to know what i’m buying into. I really dunno much about HD stuff 
, so i’d appreciate a little help, thanx a lot =)
EDIT:
Stephen M, i really appreciate your answer to my question, it is actually very accurate, and i’m reading a lot into it to find out more in the links you posted.
So, it only supports up to 720, that’s too bad. But then, would i notice the difference between 720 and 1080? I mean, i wouldn’t like to make a rushed buy if it ain’t gonna be a good (or "decent" at least) buy. I’m a huge fan of PS3 games and HD videos/ graphics, tho unfortunately i really don’t know much about it. Would they look bad on this LG tv set?
I live in Ecuador, South America. 32" to 52" LCD HD TV’s are sold over the USD $1000 price range, being a 42" about $2000 and so on price.
It would be the only chance to get a 42" tv at that price, but again, if you or anyone thinks it ain’t worth it, then i’ll pass. thanx again =)
D_Icon is wrong (on several counts)
This set is capable of 720p only. I do not know where you are but in the US, $1265 for a 42 inch 720p set is not a good price.
http://en.wikipedia.org/wiki/High-definition_video
Quote "A common resolution used in HD Ready LCD TV panels is 1366 × 768[2] pixels instead of the ATSC Standard 1280 × 720 pixels. This is due to maximization of manufacturing yield and resolution of VGA, VRAM that comes with a 768 pixel format. Hence, LCD manufacturers adopt the 16:9 ratio compatible for the HD Ready 1080p standard."
Without having a 720p and 1080p set side by side with the same signal, I doubt most people would be able to tell the difference. We have a 720 p set in out house along with a 1080p set and we love both of them. As far as the cost, with exchange rates and all, I’m simply not qualified to say if that is a good price or not. It would not be all that good here, but your situation is different. If you can afford it and like the set, go for it. Good luck!