I have an LED backlit TV. LED is definitely the way to go for backlighting. This thread was prompted by the marketing of screens as LED screen as opposed to LCD, which is what they are.

Products are being marketed as an alternative to 1. Plasma and 2. LCD - when of course they are in fact LCD.

Conversation from an acquaintance goes something like this: "have you heard about or seen these new LED TVs that are out now? They say they're much better than LCD."

At which point the forehead slap comes.