I didn't think PIP was a big deal (~$100 more at the time on a WEGA), but I went head and got one with PIP. Never used the PIP once other than to see if it was nifty. Then I found this kick ass feature called favorites. You program up to 7 channels in a list. So lets say I'm watching Fox, I hit one button and it brings up the menu of 7 channels with the PIP thing in the corner. I press the arrow down key and it goes through my favorite channels, then I hit ok if I want to watch it, or i hit the cancel button and go back to watching what I was. Really cool for checking to see if a music video is on that I like, or if there is breaking news on a news station. Very cool feature and I use it constantly.