Update after Visiting Panasonic Brand Shop in Koramangala...
Bottom line "BIG NO for Panasonic 32LE8"
As I entered the shop, it was a big WOW from me to see a TV which is as big as a wall. I would say that we have to measure that TV in terms of feet and not inches
Then I moved onto LCD section, where there were 4 LCDs lined up next to each other and an excellent sales person. Two 37 inch LCDs and Two 32 inch LCDs. In 32 inch, they had 32LE8 and 32LX800. The signal was from Hathaway Cable. From the first look where a HBO movie was running, there was no difference between 32LE8 and 32LX800. Tried to find out the difference, but failed miserably

. They sales person told that LX800 has 100Hz. I asked what would be difference. He immediately started zapping the channels. I thougt for a while that we might find the difference while zapping the channels

. Now he showed NDTV Profit and I was shocked. The ticker in the bottom, which shows the share price was looking as if someone is pulling it from both ends

. He said that it easy to notice the LX800 enhancement in the ticker. The ticker was looking good in other two 37 inch LCDs and LX800. Whoever in this forum has LE8, please confirm that you experience the same. Also, can someone confirm if Samsung A450/550 has a similar problem?
Before going out of the shop, I wanted to experence the PV8. The sales person obliged and switched on 50inch and 42inch Plasmas. Firstly, it is very much true that if you want to watch TV, it has to be on a Plasma. It was amazing to see the big difference between LCDs and Plasma. May be the high-end LCDs like Sony X series can match, but the entry level ones cannot beat Panasonic Plasma. TataSky was running and it was very pleasing to see that a normal 4:3 output from TataSky also looks so nice in such a big TV. We asked for playing some HD content and we got to see a Blue-ray output. It was too good. I am not sure how Full HD plasma looks, but this HD ready PV8 itself was just mind blowing. The colors were so natural and you feel like watching the nature. I would say LCDs are good for cartoons only. I know that I am exaggerating a bit
In all, I have decided not to go for LE8 and my search continues.
Cheers