Actually if you look at the specs, it has a 60 Hz refresh rate but uses "Motion 120" technology to replicate a 120 refresh rate. I've seen it work, sometimes, but it is not in effect, the same as a true 120 refresh rate. It's tough to get the best tech into this price point and LG has done a good job, just not GREAT. That being said, I have last years 65 inch model and absolutely love it. It hands down, blows away the Samsung I just purchased (and most likely will return).