At last I was able to upgrade from a 32 inch LG LCD TV to this 40 inch TOSHIBA 40L2400, I got it for 17.5k at Glorietta and here is my short review fellow gamers..
Input Lag:
This TV is very responsive, tried testing the input lag by installing an input lag time tester on my laptop, plug it to the TOSHIBA LED via hdmi and using my wife's Samsung S4 since it has a faster camera, took 10 shots and compared the difference with the time from the laptop screen and the tv,computed for the average input lag time and it gave me a 34 millisecond input lag, tried testing the input lag with my PS4 with the game Destiny (FPS) and its response is real quick when i hit the triggers, this TV is really for gaming if your into FPS type of games. The 200 AMR did not affected the input lag.
Motion Blur:
This TV has an AMR of 200 according to TOSHIBA but it maybe just 120hz, I did not notice motion blur with DESTINY but with NBA 2K15, i notice a bit of motion blur specially when doing the fast breaks, its not noticeable to some and it definitely wont affect your game, 120hz is still better in handling motion blur.
Picture Quality:
I would say that this TOSHIBA TV has better color than their previous TV models, blacks are deep with the default color settings, I did not bother to change it, just set it to Game mode to make the colors more natural.
Input:
It came with an HDMI switcher, so I would not complain even if it has only 1 hdmi port.
Conclusion:
For a P17.5k 40 inch gaming led tv? We are getting our money's worth for this direct led tv. Plus a 2 year warranty and that's a good deal for me.