Pros: Great TV for entry level HD. Great Price.
Cons: Must add $200 to the price of this TV for an extended warranty.
I have owned the VP50 for about a month and have been nothing but impressed with the HD inputs and sound.
I have a friend who has the same TV (older model- P50) and experienced the POP that everyone is mentioning after about 15 months. Luckily, he purchased an extended warranty.
Typically I am not usually a fan of extended warranties, but was able to justify an extra $200 to ensure this TV will last 5 years.