If you are looking to keep the cost down this is a great way to go.
This LG is not only a 32 inch high definition LCD TV but it also has a build in DVD player.
The LG 32LG40 32-Inch 720p helps keep the cost down by being 720p instead of the 1080p.
Now you might be thinking that you will be loosing picture quality with this step down in resolution.