Fry's offers the Toshiba 50" 1080p LED-Backlit LCD HD Television, model no. 50M2U, for $499. Choose free in-store pickup to dodge the $129.99 shipping fee. That's $300 off list and the lowest price we could find. Sales tax is added where applicable. It features a native resolution of 1920x1080 (1080p), edge-lit LED backlight, USB, two HDMI inputs, and more.

Update: The price has since dropped to $449 with free shipping.