Mine either doesn't have it, or it doesn't work (I tried the on/off thing many times in the past, never seems to help) It is a Sharp commercial quality TV. I got it from Disney Property Control when working there. Paid $25 bucks for it. It was pulled from the Walt Disney World Dolphin AV Department. The front panel that flips up to cover the buttons is missing, and there is some asthetic damage to the bezel, and the screen draws a little low, so you can see the synch line across the top... but other than that, it is a VERY nice TV for $25 (stereo, has S-Video inputs, and its a flat tube so in my opinion, the colors are a bit nicer and glare is reduced). So maybe the degauss is also broken, or maybe I just have to unplug it rather than switch it off. When you turn it off, and leave it in Line mode, and have an audio feed to the Line such as from a VCR, you can hear the audio real silently coming thru it, so there is a good chance the on/off button only does a standby mode. (The audio leak is also REAL fun when guests stay the night, I leave it in a state where it will leak sound, and then tell people before they go to sleep that I sometimes have ghost problems, but not to worry they are harmless ghosts.... then I get a great laugh in the morning when they are all freaked out because they heard whispering voices all night long) -chris <http://www.mythtech.net>