It's not really nostalgic unless they bring it in an old fashioned console/cabinet tv style. Still remember having one of those giant things when I was real young. But at least the speakers on those were full size and high quality.
Personally I like LG monitors, but this thing is horrible. It's like a bad mix between an old microwave and a high-end saw horse. I cannot think of place where one could possibly put this thing unless your house's interior is themed like a 1970's Woody Allen Sci-Fi movie.
Going retro on appliances is really nothing new. Kitchen appliance and gadget manufacturers have been making things to look like they are from the '50s & '60s for several years now. But a TV, meh, I don't think so. Not anymore than I'd like to see a new computer or laptop designed like one from the 70s.
A friend of mine, her and her husband have had a cabinet TV for years. He would keep replacing the CRT ones a few times, but when they got an HDTV a few years ago, he took the cabinet to his shop and reworked it to fit their TV. I have to say, it's something that really adds more to the look of the room than just an LCD panel.
I think it could be a good market for TV manufacturers to go. All sorts of goodies can be fitted into that space as well.