Is this a good hdtv for PS3?

I just got a ps3 and im using my monitor for it, and the quality kind of sucks.

http://www.walmart.com/catalog/product.do?product_id=5359008

and ill buy a hdmi cable for it, of course. Dont have much money thats why I want to go with that.

maybe in the dark will look better

brightness, 1,000:1 thats not too bright .. and can do 720p funnie hahhaha good look..!! zhino