Best Television for college student with PS3

Question

Hello Guys,
   I had purchased a 22" 720P Element television back in June for $170(it was a store model on sale), this was my first HD television.  However, many of PS3 games, such as Final Fantasy and GTA:IV are so detailed, that I have to look directly at the television less than 5 feet away in order to see the screen properly, even though I have good vision(I don't need glasses). And yes, I do use an HDMI cable.
     I was thinking of giving this television to my uncle to use as a computer monitor, and buying a larger television for myself, however my budget is about $300-$500.
Here are my questions for you:
1.) Considering my budget is about $300-$500(depending on how long I wait to purchase), and that this television will be mainly used to play PS3 games, would there be much point?
2.) If yes to #1, what should I look for when buying a television? I find the HDTV market slightly confusing, especially with the new monitors with 4 colors(RGBY vs. RGB).

Answer 1

Within your price range, the only thing you can do is upgrade to a 32" TV.  It sounds like insufficient screen size is probably your problem anyway.
Really, all you need for gaming is:  Get a good brand for the purposes of reliability and build quality.  LG, Samsung, Sony, Sharp, Toshiba.  Avoid the store brands like Dynex, Insignia, etc.  Avoid the "Formerly big" brands like RCA and Zenith - these brands now exist solely to license their name to noname foreign manufacturers.
People have had bad experiences with the 120Hz motion processing present in 120Hz TVs, so stick with 60Hz.
As to the new Sharp Quattron (RGBY) units - It's interesting as to whether there is anything within the x.v.Color colorspace (RGB over HDMI with wide gamut) that can't be representative by traditional RGB pixels.  (RGB is not necessarily always RGB - there are cases where monitors can't display certain RGB triplets, and the yellow pixel in Quattrons may improve this.)  However, the smallest Sharp Quattron is 40", and significantly more expensive than non-Quattron units, about twice your maximum price.
*disclaimer* I am not now, nor have I ever been, an employee of Best Buy, Geek Squad, nor of any of their affiliate, parent, or subsidiary companies.