That this LCD has no VGA (which is what you normally run from your comp to your monitor) bugs me ... but my personal pref's aside it does limit you to the 2 component and 1 HDMI inputs.
You still have left out all the stuff you wanna do with this system you're setting up. I'm asking you for details here on EXACTLY what is going to be used for things like your HD service provider.
1. Will you use a separate HD DVR tuner from your cable company or go with something you use out of your PC? Understand that all the service providers scramble the HD content so that you can only get local off air stuff, no HBO or HDNET. If you want the good stuff you gotta pay the man or sort out how to steal it.
2. Are you married to that TV? See these cards on
tigerdirect and you'll notice that none use component outputs. You're left with HDMI out to your 1 HDMI input on that TV. No other choices for an external source besides component ... not bad but not the best. Just food for thought.
3. More info on what you're gonna do with this rig is needed. Again ... external HD gadget such as Dish NetWork or cable or some other type of HD tuner? PVR/DVR on board or on the gadget?
The more demand you put on your comp for video processing and playback the more you tie up your resources when you are watching TV. So ... if you're like me you'll be watching TV while working or cruising the net ... maybe have some kind of game running in the mix as well. Now you are taxing you comp's res and the processes start to suffer ... picture skips, data loss, glitches that generally piss you off, or what ever else your system decides to do. Who is your cable provider? What are your options there? A cable box with the DVR/HD functionality is not a bad option. Works for me just great and takes a load off of my comp.
Don't get discouraged. What your doing is awesome once you get it all configured and are watching it. I've got HD/DVR on the rig with Time Warner's HD service (not the best but I do like their video on demand), and I have my comp hooked up so that I can watch/run/do what ever I want with the least anount of resources used ob my comp ... means I can do this all day long with no mishaps. I download stuff from the torrent sites all the time (something to think about as the res used by the torrent clients will add up with the res used by your tuner/DVR/HD if you run it offf your comp) and watch that at the same time as I do other things such as work.