I just know that in the past 20 years I think we've purchased 2 and they cost more than I ever wanted to pay for a TV. I always have a budget. I'm all for nothing bigger than ugh, I can't even tell you how big ours is. it's a Vizio (?). I know it took me a while to get used to it. Felt like the darn thing was sitting in my lap. I was watching it tonight and thinking back to when I spent the night at my grandmothers and she would try to help me embroidery or sew small pieces of fabric. I don't think I'd miss it that much. OOPS! LED VS LCD? Sorry not sure!