Yep. I took the plunge and picked up a sweet 32" LCD HDTV by LG for a cool $599 at Boscov's (LINK)
I was a bit worried when we first unpacked and hooked up the badboy, because the sucker's speakers were crackling. Turns out, my 360 Elite defaulted to Dolby 5.1 sound when I used the HDMI input. I switched it to Digital Stereo and it sounds great. :) (I nearly had a heart attack prior to this, though. It was an adventure and a half to actually get the damn thing.)
I highly recommend this HDTV right now. It's a $1,200 set (Boscov's site is incorrect, check others.) going for $599, and the sale ends today!