LG PK550 or Panny 42G25

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Full Audioholic
im going to be purchasing a new tv soon, first time tv buyer, been doing tons of reading, and im torn between 2 tvs, the 42g25 or the LG pk550. both seem to have there ups and downs. now this is 42" g25 for a bit more money then the 50" pk550. i was set on the LG until i found out about its "lag" im not sure what that really is and what it looks like, but any advice here??

i like colors that POP but are not to fake looking, also like very good PQ, but dont want this so called lag while i play games (play maybe 3 times a week for 1 hour MAX)
also heard lots of glare from the LG

i am also limited to buying at futureshop, and looking to spend $1000-1300 cdn on a t.v
 

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