JVC AV-32F704 32" Flat-Screen TV (Silver)
Great picture and sound!!
I purchased this tv for my first apartment and I have been more than happy with it.  It has great picture quality (I especially like the flat screen--it cuts back on the glare), great sound and all the necessary toys like electronic bass boost and hyper-surround sound.  The one touch multi-stage brightness is perfect for switching from a movie and tv without having to adjust all of the menu's.  I swear by JVC for all my products and they have never let me down.  Its a great value and has all the awesome performance I wanted.  There is nothing missing from this tv.