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Oh definitely. It would be excellent for console gaming and movies. Aim for the AA01 panel. Best lag/response.
I've also been looking into the LG 32LD450. It almost certainly won't have the same PQ and black level as the C550 (it's IPS), but it apparently has 1-2 frames max of input lag (compared to the 1-3 frames with the Samsung) and better responsiveness. I'm still not certain how PC mode functions and hence 444. Still trying to get to the bottom of it. Of all the 32" I've been researching, though, these two are the only viable options for PC use, imo.
I just bought the 32LD450. Very good for PC gaming. I notice 0 lag. Just make sure you set the TV to 'just scan 1:1' so it disables any processing of the image. I then set the picture mode to gaming and disabled all enhancements. Set the sharpness to 55. Text looks good.
Thing is I also own a 37LH30 LG TV that, IMO, is even better than the 32LD450 for PC use. Can't seem to find them anymore though.
Thanks for your answer. I'll definitely check out the C550.
I will try and get pics up. I don't own a digital camera right now so bear with me. The thing is, the text is a bit....fuzzy. Kind of a bit too pixelated. Not blurry just not crisp. My older LG 37LH30 the text is sharp as a tac. On the new TV I am still trying to get it focused. It is a work in progress.
I am at work until 7am. I live near Boston. I will tell you the panel code letter if it's a W or D in the morning when I look at my set. Yes I am using a evga 275 GTX video card hooked up DVI to HDMI into the TV. I am using just scan 1:1 and every enhancement is off. I do not want anything touching the signal coming from my pc. Sharpness is at 55. If you label your input PC on this tv it changes your setting from just scan 1:1 to 16:9. That is why I avoid renaming the input to PC. I run it off a unlabeled input. Also I have my video setting set to Game. It seems on that mode the text is the clearest. I really am thinking about taking the panel back and going back to my 37LH30. The text is flat out sharp on it. No matter how much I want to like this panel and use it 100% as my pc monitor, I just can't get the text sharp enough....and that bothers me every time I use it.