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I haven't read any of the other posts here, so I apologize if this has been said, but there is no such thing as an LED TV. It's an LCD with an LED backlight (Wikpedia it). And no TV has a contrast ratio of 1,000,000:1. There is no standard way of measuring contrast ratio, so often what producers will do is measure the brightness of the screen when it's off, then measure it at maximum brightness. What really matters is the contrast ratio of when both white and black are displayed simultaneously.

The best display technologies have blacks that are pretty much "off." Particularly plasma and OLED where the pixels are their own backllights. In those cases, black pixels are actually off.
 
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Pass... Save a little more and get a top rated well reviewed tv that fits your needs. There will always be another "cant pass on deal"
 
The best display technologies have blacks that are pretty much "off." Particularly plasma and OLED where the pixels are their own backllights. In those cases, black pixels are actually off.
Yes, but for LCDs this is not the case. The blacks may be close to off but you can't turn pixels off on an LCD.
 
Yes, but for LCDs this is not the case. The blacks may be close to off but you can't turn pixels off on an LCD.

If you have LED backlit with local dimming, you can. Depending upon the order of the LED matrix, blooming/bleeding will diminish and raise the contrast.
 
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