Vizio is getting a lot of good reviews as they’re meant to be very good for the price.
Forget about the high contrast ratio crap, it’s called dynamic contrast ratio for a reason, as it’s not the real deal. The back light is reduced to make it seem like a higher contrast ratio, but it’s all just trickery and not the real deal. Something around 3000-5000:1 is the read deal, anything above that (unless you get a plasma screen or LED backlit TV) is dynamic.
Samsungs new LED backlit TV’s look fantastic due to in part the great contrast ratio, but they’re also insanely expensive, especially in Taiwan for some reason.
In Taiwan there really is no sensible reason to get 1080p over 720p unless you have a cable provider that does 1080p content, a Blu-ray player or other access to HD content. Upscaling looks crap on most 1080p TV’s, but pretty much all new models are 1080p. Considering how poor the TV signal is in the first place in Taiwan and then imagine when you try to stretch that by a factor of too much…
The 120Hz is meant to reduce motion blur (there are also 100, 200 and 240Hz models), but there’s another advantage and that is IF you own a PS3 or a computer with Nvidia graphics (recent models only), then you can use it as a 3D screen with optional glasses (which are expensive as they’re active shutter glasses). The PS3 add-on won’t launch until next year apparently.
60Hz and 24fps has no relation, but not all TV’s can handle a 24fps input signal, as they’ve been designed for 25 or 30 fps. Only some Blu-ray discs offer 24fps, so if you don’t have a Blu-ray player or a PS3, then this isn’t a huge issue. From what I’ve read, 24fps movies look more cinema like, but I have yet to see one.
Pulldown correction is something entirely different which only applies to NTSC content as it’s transmitted at 29.97 (30) fps and this means the video runs too fast if it was originally shot at 24fps. It’s also known as Telecine, but all modern TV’s should be able to handle this no problem.