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I'd buy this one :
http://www.amazon.com/Sharp-Aquos-LC42D64U-1080p-HDTV/dp/B000UN3VT4/ref=sr_1_1?ie=UTF8&s=audio-video&qid=1195781913&sr=1-1

It's 1080p, 4ms response time, 10,000:1 dynamic contrast ratio, 3 HDMI ports, 2 component and a PC input. Doesn't seem to have 120hz but I've heard that is very expensive.

 

EDIT: AND IT'S ONLY $1300 AND 42"!!