You didn't specify whether it has to be a flat-panel TV.
If a CRT is OK, then the answer is most definitely yes. Sony's 32" WEGA HDTV (flat-tube CRT TV) can be had for around $800, for example. This is a very nice TV (I just sold a very similar set) that can display almost anything you throw at it.
Now, if flat-panel's your game, then it's a whole other story... I doubt you'll find anything really GOOD in the 30" range for $1,200, but it's possible. Check out Circuit City, Best Buy, or Tweeter for a good idea of what's available.