Consumer Reports and extended warentees

[vinljnkie]

I spent the holidays visiting my parents in FL and my father subscribes to Consumer Reports. I started looking at an issue that was reviewing flat panel TV's and was shocked to see that CU recommends against buying extended warenties on them. They say they tend to be very reliable and its a waste of money. I have always heard just the opposite, if you buy a flat panel TV you better make sure you get the extended warenty for as long a term as you gan get. What do you think?