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Pros: A-MVA panels offer much higher real contrast than IPS or TN panels.
Better viewing angle range than TN panels.
Cons: Does not display wide gamut content because it doesn't use a GB-LED backlight.
PWM flicker like most monitors.
Doesn't have as wide a range of viewing angle as IPS.
Other Thoughts: To fix the "washed out color" issue that some people have had an issue with, check the gamma setting. Also, a hardware calibrator like the Spyder 4 will definitely improve the "pop" of color. It's worthwhile to calibrate the panel at least once at the brightness you like. I also suggest using a 5800k white point at the 120 cd/m2 brightness level or below instead of a bluish 6500k white point.READ FULL REVIEW
Pros: Outstanding contrast, which is better than what is offered by any IPS panel. Can use the monitor far away because of the large pixels, so sharing with others is easier. Wider viewing angle range than TN. Clean-looking anti-glare coating that does a good job of blocking glare. Uses less power than CCFL panels. Low input lag and good pixel response. Overshoot isn't a problem with AMA. Good uniformity and clarity. True 8-bit color processing.
Cons: Backlight uses PWM. Does not handle wide-gamut content fully, because it is a standard gamut sRGB panel. Does not cover 100% of the sRGB color space. Higher-end IPS panels are a better option for very precise color work.
Other Thoughts: BenQ really improved the responsiveness of its A-MVA technology with this generation. The anti-glare coating is good. The contrast is outstanding. I like having the large dot pitch due to having 1080p resolution in a 27" format. It's nice because I have the monitor in my living room and don't have to sit right up close to it to use it.READ FULL REVIEW
Pros: Very high real contrast, due to A-MVA panel.
Better viewing angles than TN panels offer.
No fuzziness/noise/crystallization from a matte anti-glare treatment.
Very low input lag (5 ms).
Outstanding pixel responsiveness, compared with older MVA panels.
Very low power usage.
Thin bezel works well for multiple monitor setup.
Cons: Not capable of handling the Adobe RGB color space.
High glare glossy glass screen.
Only HDMI connection.
Backlight uses PWM.
More limited viewing angles than PLS, H-IPS, and S-IPS panels
Very basic stand.
Other Thoughts: I am writing to correct a statement someone made: "NEAR IPS. It isn't true IPS, but the colors, contrast ratio and viewing angles are almost in comparison with IPS monitors."
This statement is untrue with regard to contrast ratio. A-MVA technology, which this panel uses, has much higher real contrast than any IPS panel. As for the "colors", this is an sRGB panel. It will display sRGB colors. Some IPS panels are sRGB and some are wide-gamut.
A-MVA panels generally benefit from hardware calibration, so find a colorimeter like a Spyder 4 and calibrate your monitor when you get it.