I got into a discussion about this some months ago, but I'm actually about to go through with it here.

I'm trying to buy a 32" LCD TV to use as the focus for my entertainment center (both computer and TV).

What are some stats I should look for when taking PC gaming into perspective (not just MMO's but lets consider FPS too)?
What resolution?
What refresh rate?
Whats the most important to consider?

Pretty clueless on this, any of you guys with super rigs able to give a tip...it'd be appreciated.