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Pros: This monitor is beautifully crisp for text. I have it set up next to an older TN-panel LG (from 2009) and the difference in sharpness is striking. Good contrast too. I'm not a gamer and I'm not very picky about response time, so I can't say much about other reviewers' complaints there. Well worth the price overall.
Cons: The bottom-right corner of my screen is a little washed-out; not a huge deal and unless I'm looking at something with a black background, it's hard to notice.
Other Thoughts: An amazing deal for an IPS panel! I'll probably buy a second to have a matched dualhead setup.