LCD Tv for 360

I was thinking of buying an LCD tv(samsung le37s62b)and came by this one its very cheap 700 euro for 37 inch... can any tell me if its great enough to use it for GAMing and movies??I know it isnt 1080p but do I really need it will the quality compensate with the cost??

Link - This is not the site of where im buying it, its just a link to information of it

Edit: is the built in VGA interface compatible with 360s vga cable?? I dont have an hdmi enabled 360 so vga is the closest i can get probably..

woow I heard about those tvs and waited about a year forthembut never ever saw one I geuss im gonna wait a bit... do you happen to know when those dlp tvs will arrive in Weurope??

If Vizio is available in Europe and you don't care about getting 1080p, you might check on these sets. I bought a 42in lcd 720p/1080iabout a year ago for $1100, now it's around $900.

I do plan on getting a nice plasma, at some point, for digital cable. But, I'm happy with the Vizio for gameplay.