Product review (5 stars): Simply A-MA-ZIN'!
We got this a year ago after LOTSA research. To begin with, although widely advertised, nobody seems to actually have it for delivery.  So we ended up ordering it 4 - yes, FOUR, times from Home Depot (yes, they will get it for you, you have to ask and insist...).  Home Depot's computer automatically deletes orders not filled within a certain time.  The item was always back-ordered, so our order was inadvertently  deleted the first three times.  We didn't even know it the first time, until I called to inquire about the delay.  After told what the story was, I made sure we kept up calling and renewing the inquiry to keep the order in the computer.  Finally, after 5 months and 3 weeks (not quite half a year, you see...), it finally arrived outside our door. Outside, because nobody wanted to put it inside and risk having to install.  Which really amounts to: nobody wanted to read instructions.  Just as well.  There is nothing to the installation of this.  Plug in, put hoses where the hoses of regular washer go.  Done.  For an added level of complication, we installed it under the counter in the kitchen where the dishwasher was.  Steps: slide out dishwasher (you may need to take a pre step, to remove the 'shoe cover'.  Big F deal...), discard. Unpack W/D; unscrew shipping screw (keeps drum secure during transport); unfold cord; insert hose in hole and other end in floor or faucet hole (sewer outlet); connect water hose or hoses (you can choose to use both C & H or only C and let the washer warm/boil the water - waste of time and electricity...  I connected both cold and hot, helped that I had the same hookup with dishwasher); plug cord; slide W/D under counter.  For aesthetics and stability: put shoe cover back.  Done!  Proceed to wash clothes!

It washes perfectly!  Total euro style wash!  Hadn't seen whites so white since grandma's last wash across the pond. It doesn't take any more time than the other washers, if you set it according to time.  I don't follow the preset 'programs', I just set the temp, spin, etc. I want.  Our washes take: 55 min for sheets and towels, 34 min for anything else.

We do the same for drying - just set the time.  Otherwise the clothes dry awfully much.  Best part, the clothes are a tad humid/not quite damp, when taken out, just enough to stretch and fold and eliminate need for ironing.  You can leave the dryer working and go away.  Regardless of how long you will be gone, the dryer will not stop and let clothes sit and wrinkle.  After finishing its cycle, it will continue spinning the clothes every so often to keep them from 'setting'.  When you are ready to take the clothes out, you have to press the button to release the latch.  The machine will not allow you to open for as long as the steam/heat is at dangerous temperature levels.  After about 3 min the key icon turns off and you can take the clothes out.

Washes require a little planning because clothes will need to air for a little bit before ready to be used.  So if you only have one pair of sheets and expect to wash them before your girlfriend arrives, this unit is not for you.  Sheets/towels need to air out a little after they are out of the dryer, before used or folded.  We wash these items on a Saturday or Sunday morning to have plenty of time before they are needed in the evening.  Because of this detail, not having anything way too dry, there has been no shrinkage of any clothing (think cashmere...) since we started washing in the LG.  Which in and of itself is worth the entire price of this unit!!!

I have recommended this to anyone who asked - and will continue doing so without any reservation!  Go ahead, buy it and enjoy it!

4 years later: I keep LOVIN' this machine, now have two of these - Read about the new one. Although the same model number, it is a bit different:

LG still has it, but they have changed the electronics a bit, without changing the instructions... We bought a second one for another apartment and didn't have a separate function for drying, so it seemed that we had to set the drying at the beginning of the wash and do it all in one scoop.  I hated that because I wash all my clothes together (using 'Color Catcher' to avoid mishaps) but I hang and air dry most wearables, while I use the dryer for sheets, towels, etc.

After pouring over reviews and comments, I found out that you CAN run the DRYer SEPARATELY. Just set the washer on 'Rinse and Spin' and then turn off the 'Rinse' button. The machine will spin the clothes to remove any water first and then will start the drying cycle. Don't consider this an extra spin, as the older machine which has the functions separate, starts the drying with a good spin to get rid of the access water first.