I think failure rates are higher than 4 to 6 percent now. It used to be good for flat screens as my 8 year old LG is still working great. However my latest TV had to be replaced at 14 months (Samsung) and the one I bought before that failed in 4 weeks (LG). I never buy replacement warranties but everywhere i looked when buying my last TV it came highly recommended (AVSforum and buyers guides) so I did and it paid off. Best part is that they replaced it with the next year's model and a better series.
At the very least I'd recommend looking into it and negotiating to have it thrown in. Some credit cards have 2 year coverage on electronics so check that out as well.
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