Price-wise, that sounds impressive, but there are a few things left out.
For a start, there's no HDMI input - instead you get one DVI input (converter, anyone?), 2 SCARTs, Component video, S-video, VGA, and Composite video.
Optimum resolution is 1680 x 1050. Hmm, just 30 pixels shy of the 1080 mark, then...
Nevertheless, it will accept 720p and 1080i, and you could argue that it's not a bad starter HD-ready piece of kit.
Personally, I'd rather spend a bit more and get better connectivity and features.
Evesham web site