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ABBYY Ligvo:
Frills
2) роскошь, излишества, ненужные украшения

is this THE meaning you mean

What I came to think of was "it's not much of a TV(-set), but still....". Am i right or am i right? 8)

I am a native Russian speaker, and i clearly understand, what the expression "какой-никакой, а...." means. HOWEVER, I don't have a slightest idea as to HOW to express the same idea in English... I...