This seems like a great price for this great Full HD TV. I know a lot of 32 inch LCD's have come down to the £300 mark lately but this one is certainly worth the extra you'll be paying.
Philips 32PFL5604H/10 32-inch Widescreen Full HD 1080p LCD TV with Freeview and Pixel Plus HD
* Pixel Plus HD for better details, depth and clarity bringing outstanding vivid and razor sharp pictures
* Full HD LCD display, with a 1920x1080p resolution
* 28.9 billion colors for brilliant natural images
* Dynamic contrast 50000:1
* Invisible speakers with incredible surround
* 2.1 channel surround with subwoofer for deep bass
* 2x10W RMS audio power
* 3 HDMI inputs with Easylink for a full HD connection
* PC-input allows you to use your TV as a PC monitor
* USB for fantastic multimedia playback Ready for digital
* MPEG4 HDTV reception via DVB-T and DVB-C tuner with CI+*
Now I know there are many debates on here about whether the Full HD is necessary on a 32" LCD but I saw this TV last year in Currys at a much higher price and the picture from it was stunning!
There are probably alternatives to this TV but having seen what the picture looks like in the flesh and the price it is currently at its one for you to think about if your after a new TV.
Currently £429 @ John Lewis if you want the 5 Year Guarantee with it.