".. please be more specific with your answers.. i will be using a PS4 for my gaming. I heard 60 hz will be better for console gaming"
Let me explain the problem.
LCD panels have some major issues with video:
* Motion Blur - the plastic cells cannot switch fast enough when fast moving objects go across the screen so this leaves tails or "blur" during sports or action movies and nearly all video games (if they have fast moving objects.
* Poor black levels - remember the LCD calculators? LCD televisions are the SAME technology. They can only create dark-grey, not black.This creates poor contrast which creates poor picture quality.
To solve the problems they had to add stuff.
Motion Blur - basic LCD panels draw the screen image 60 times per second. Better panels draw every image 2 times to reduce blur and these are called "120 hz". The 120 hz refresh are better for gaming.
The best panel for gaming is a Plasma panel which refreshes at 600 hz.
Black Level: Basic panels use a white light behind the screen for light. Better panels use an array of LED lights which they dim behind dark sections of the screen. This increases the black-levels and improves the picture quality.
The BEST LCD panels to get for gaming are the 3D units. These have to give each eye 120 alternating so the basic panel has to refresh at 240 hz. While not as good as a plasma, it's about the best a LCD panel can do.
720 vs 1080
Gamers who foolishly buy a 1080 panel for video games often suffer from a lot of "gamer lag". This is because the native graphics on nearly all Xbox360 games and all PS3 games are 720.
When you send 720 graphics to a 1080 panel, something has to up-convert every frame. This takes ... time. For a movie this sometimes causes lip-sync errors. For a video game you can wait a sizeable second or two from when you press a button until the on-screen action responds.
What should you get? I cannot get a definite answer if PS4 games come with native 720 or 1080 graphics. The back of the box's all say they "support 720 and 1080" but this dodges the answer.
If I had to guess - a 720 panel would probably be better than a 1080 because of the gamer lag issue. It's easier/faster to down-convert a 1080 frame to 720 than it is to up-convert.
My personal opinion is that the best gamer television would be a Panasonic Plasma in native 720. You used to be able to get these for about $550 on amazon. It would probably blow away the $2300 3D LCD panels for games.
If you went with LCD:
* Make sure the television is a name brand
* Make sure the television has a "gamer mode" which turns off other smoothing and software processes.
* 240 hz is better, 120 hz minimum. Don't even consider trying to game on a 60 hz panel.
Note: I'm an Electrical Engineer, Gamer, and I help run Home Theater websites. I study and learn to be able to separate the marketing techno-babble from whats important.
My gaming television for my Xbox360 is a 720 unit.