In this price it can be a good deal but if you go through quality parameters then it is only satisfactory only. Video quality is not up to the mark and fool high definition video cannot run on this Television. AS far as value of money is concern, it can be a good choice because in this price very less options are available.
Sound Quality is also an issue, some time it is not clear to your ear and it can create confusion in audience mind. Till date I did’t check service and support or after sales service but in this regard I feel micro max cannot disappoint you due to all across availability of its service office.
Lastly, if your budget is very tight then you can go with this system but if your budget is healthy then you should go with other well established brand of television.