I don't know anything about that TV, but there are certain things to consider.
1. Budget.
2. Length of time you plan on having the TV.
3. Primary use for the TV. Games, DVDs, cable, all of the above?
4. Ever plan on going HDTV?
Obviously budget is the first limiting factor. If you plan on owning a TV as your only TV for a long time then get something very good today. If you're like me and plan on eventually relegating the TV to the bedroom and plan to build a good home theater setup later, then you can skimp more on the TV today.
For the uses of the TV, a normal aspect ratio TV won't be the best if you plan on watching lots of widescreen movies, you'll underuse the phosphors for the top and bottom of the screen and "burn" the bands in.
If you plan on hooking lots of things up, such as a DVD player, cable box, Xbox and/or other gaming systems, make sure the inputs meet your needs. A lot of TVs won't have many inputs. The more component the better, however you'll usually only get 1 component input for anything other than nice HDTV sets. Also MAKE SURE THE INPUTS ARE ON SEPARATE CHANNELS. Some TVs will advertise having 2 S-video and 1 component but they'll only have 3 channels, 1 for coax, 1 for S-video OR composite, and 1 for S-video OR component. Make sure your component channel is on its own channel to avoid conflicts.
I see the 32" Sanyo has 1 S-video and 0 component. If you want to hook up your DVD player you'll use S-video, you'll also want S-video for your X-box. You may need to invest in a good cable, a good switch, or a TV with more inputs. It has 1 rear and 1 front A/V connection (composite video). The front will be on its own channel, but the rear input MAY be on the same channel as the S-video, if you want to use 2 composite video connections you could get screwed.
I know it's a little long and I could go on for a while longer about picking the right TV, but you didn't exactly ask for advice on how to pick a TV so I'll shut up now unless you want more.
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