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Pros: Color and clarity is absolutely beautiful. Looking at videos, images, and gaming on this monitor is like discovering it all again for the first time.
Built in Color profiles (srgb, adobe rgb) is a big plus and takes a lot of the guesswork out of setup (i.e. it's fantastic right out of the box). My camera (Canon 5D) is profiled for Adobe RGB, so I can view my photos with the confidence that I'm seeing the right colors. Software is feature rich.
Monitor can be set to VERY bright. The Newegg description says 300cd/m2, but it can be set higher, and it will probably melt your eyes (but with no loss of clarity). Currently I have mine set to 160 for normal use.
The stand is very stable, and lifting/lowering as well as tilting is effortless.
The antiglare coating I do not find a problem as some reviews I read indicated.
Cons: I wish I could have gotten the 30 inch for the same price.
No analog VGA connection (was considering a second monitor for an older PC but for anyone with a video card that isn't more than a few years old, this is an irrelevant issue).
Neither my video card nor Photoshop even support 10 bit color, but I'm hoping this will change in the future so I can take full advantage of this monitor. (not really a con, but just know if you want to take advantage of 10 bit color, both your video card and your software will need to support it as well).
Other Thoughts: I am a game developer, and I purchased the monitor specifically for its size and for its color accuracy.
I was VERY nervous about picking an IPS monitor as I was worried about ghosting (as I also use my rig for serious gaming) but I wanted the color accuracy, as I work primarily with simulations where color matching counts.
I read a review here from a guy named CODMASTER who said that gaming was impossible because of ghosting, and this made me very nervous, but I did watch a video on youtube of someone doing some gaming, and read a couple of reviews elsewhere that didn't indicate a major problem, so I took the plunge anyway with the expectation that I may have to return it.
Well my fears were completely unfounded. Gaming is just fine and I have yet to see any ghosting. And the colors... oh man.... it's like playing all these games for the first time. It's really that stunning.