I have been using the product for 2 years before in Sept 08. I had purchase it for Rs 41000 + Rs 6500 (3 year extended warranty). It was the best model from LG at that time. TV video has very good quality and has feature like USB port and S-video, HDMI port.
I generally download movies or serials on my USB drive and plug it in LCD to watch it. No need to install anything. Video has 3 different modes for sports, movies and normal mode. You can notice the quality difference when you change the mode.
Voice quality is average despite tall claims by LG. LG Jazz LCD has better voice quality then scarlet version.
Service by LG people is good they came to inspect the TV one year after the purchase as purchasing extended warranty includes one free inspection every year.
Since I bought all LG products for my home 2 years back and all of them are running trouble free till now.
I would recommend the LG product to people who like quality over the price.