I think it really depends on what services you are getting for your money. I bought a 53" Sony (HDTV ready)a few months back and paid $300 Cdn $ ($200 US equivalent) for a 5 year extended program. It was really only 3 years as Sony warranteed the unit for first 2 years to begin with. But at $100/yr or 27 cents/day I bought "piece of mind" with the intent to hold onto the unit for at least the warranty period (while the HDTV thing settles in by 2006??)
The key issue is what does it cover - only repairs or repairs + cleaning + annual convergence set-up? The Sony Tech performed the convergence (which only he can do with the remote, hidden button formula that I couldn't see) after delivery and it made a significant difference. I myself am not sure about if I can get this done every year for free but if your program covers it, I'd say go for it but then again its not my money...
The key issue is what does it cover - only repairs or repairs + cleaning + annual convergence set-up? The Sony Tech performed the convergence (which only he can do with the remote, hidden button formula that I couldn't see) after delivery and it made a significant difference. I myself am not sure about if I can get this done every year for free but if your program covers it, I'd say go for it but then again its not my money...