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Inverter Problem

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Looking for any words of wisdom... Have a Sony LCD HDTV only 2 1/2 yrs old- picture went out, red power light flashes continually. Called a Sony Authorized Repair Ctr. Tech said Inverter for LCD has gone bad, and that part is not available separately. Replacement on part alone quoted at $975, plus labor/tax, total over $1230 to fix. Frustrating, because this is my first investment in flat screen tv, and it had normal use- table top. No extended warranty and Sony not responsive. Is this a common problem? I can buy a new set for less than the quoted repair. Suggestions?

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