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Pros: Cheap IPS, very good color range, great input options and audio output.
Cons: 14ms lag. Went bad after 5 months of use with color saturation on one side as well as image burn in. My replacement under warranty from LG came broken out of the box. Have two monitors not working in 5 months is not a good sign.
Other Thoughts: It is a decent IPS monitor for the price, but it doesn't last long.