The panel on my 42" Philips LCD died three months after the 1 year warranty expired. When the panel goes, the inverters also go.
The service call to diagnose the issue was $92, applicable to the repair.
The cost of the replacement panel was about $700, plus $399 labor.
Luckily, my contacts from many years in the electronics industry came through. Philips extended my warranty until June, well beyond the expired warranty, so service is now free.
My wife simply would not allow me to leave the store without an extended warranty on the new Panasonic 50" Plasma we purchased as a replacement the day after the 42" Philips died.
It's a gamble, you can play the odds, but when you miss, you miss big.
The $350 we invested in the 2 year warrany on the new Panasonic 50" Plasma is far less than the replacement cost of a new set.
Some manufacturers don't even have replacement panels for current models.
Every TV set dies.
It's just a matter of when?
Some sooner than others.
Can anyone predict this?