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Pros: Good colors, stand base recessed enough that I could push keyboard underneath the screen when using my tablet. 4 slot USB hub very handy, nice matte black bezel, sturdy feel, and good viewing angles.
Cons: Connected via DVI-D, I got little horizontal lines of alternating color in color gradients and certain colors that I could not reproduce on my other monitor. Also, significant light bleed in lower right corner and middle of the left edge of the panel. And while the viewing angles were better than my other monitor, I still got the feeling of wash out.
Other Thoughts: Newegg was great. Monitor got here in two days, and they paid for return shipping, which was going to be about 15% of the price of the monitor. Also, I contacted NEC about the problem and they wrote back offering to replace the monitor, free of charge. Because Newegg stepped up, I'm seeing if a Dell U2412M will fare any better. A bit apprehensive, since it too suffered from spotty craftsmanship ...
My kingdom for a good IPS panel that is cheap and 8 bit! Since I am not a king ... 6 bit + dithering, but the viewing angle and smooth color gradients are what I wish for most right now.