Hi guys. What do you guys think of the VIERA TH-L42E30K?

Is it good? I have totally no idea in TV sets. First time buying a LED/LCD TV. Or should I get plasma really? It seems cheaper too.

Picture quality wise, the VIERA TH-L42E30K has an IPS screen which in turns compensate the lack of color accuracy in normal TN panels right? So how does it fare against traditional plasma televisions?

Will be using the TV mainly for Astro watching and little bit of DVD quality playback only. Not planning to get the bluray player soon.