See, now I think this is the display I have, and we put it in our three year olds playroom. I am really unimpressed with the overall quality of the display compared to the 3 plasmas we have in our home, but it does do what it's supposed to.
Reaction time is really slow on start up and shut down. It doesn't have discreet codes for universal remotes as far as I've seen, and the black levels are really - really poor. With a good HD signal, you aren't doing to poorly, but with almost anything else, especially so-so SDTV it can look downright awful.
I will double check my model as it could be a 242v or something like that, and this model could be an improvement on what I have.
The one nice thing is that we are using a Crestron control system and the LCD, despite its low price, included a serial port and the protocols were straightforward enough that I was able to integrate power, source select, and volume onto a 10" touchpanel that is easy enough for our three year old to use.