Amazon has the Panasonic VIERA TC-L42E30 42in LED HDTV for only $549.99 shipped, originally priced at $1099.95. This set offers “an IPS Alpha LED LCD panel, which include new technology that offers amazingly high levels of brightness and energy saving efficiency in a VIERA LCD HDTV.” Product page.

Even fast-moving scenes are displayed sharply and clearly. With a 60Hz video signal input, 120Hz Motion Picture Pro 4 makes 120 frames/second from 60 frames/second. This increases the frame count to allow natural frame-to-frame transitions, for smooth motion images with high resolution. Motion Focus Technology also reduces flicker and effectively suppresses blurring and afterimages.

[via Amazon]