I've actually heard this combination and it ain't bad. You get what you pay for...The DVD Player has a built in iPod dock too, so if you listen to music off your iPod, it is a great add on. Brings all the information straight to your TV.
[Link: www2.panasonic.com][Link: www2.panasonic.com]I'm sure it will do what you want but it will cost you around $400-500.
Hope that helps!