Re: Dolby Contrast (local dimming)
I don't know about the Dolby Contrast moniker, but I thought this was a big selling point of the high end Sony LCD (XBR8) and 950 series Samsungs? Both are LED backlit, and the LEDs are locally dimmed based on picture content. Both claim ridiculously high unprovable contrast numbers, like 1,000,000:1 for the Samsung (or something like that...)
Looks impressive at a casual glance in the Magnolia section of Best Buy, anyway. I still like the look of the Pioneer Elite Kuro's better, but that might be TV brand loyalty talking.

My 8.5 year old Elite set is still going strong, so when replacement time *FINALLY* comes, I may look to them again.