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I just looked at the Sony website. It is my understanding that the "real" rate is called "native" & is stated as 60. TheTV will simulate 240. I'm a little new to this too but I have paying attention to this item-native vs simulated rate. I have read from others that a TV should be 120 native if you are buying 4K. This is a new lower end Sony model to attract more customers. It may not live up to a Sony experience but I feel all major TV companies are producing sets that are sub par, i.e. lemons. Read all the reviews of other similar models. Hope this helps; I'm having a difficult time making a decision.
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