A:Answer I think so. Mine's got all the AV hookups in the back for a Playstation 2, for example.
Although, since VCR like a Playstation 2 is old technology, sometimes when I play a video game, it won't recognize the signal and you'll need to toggle back to AV from the menu, doesn't happen often, but just be prepared. But I don't think LG is alone in that- it's all new TVs they expect you to have brand new devices only.
-Z