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Pros: The IPS panel is a clear step up from TN, after experiencing this I don't want to go back to using TN panels.
You can get both dark blacks and bright whites, much more range than a TN screen.
The biggest plus is the minimized color/value shifting due to viewing angle. If you're an artist this is great.
This is one of the cheapest IPS monitors I could find with such a good base. It's very solid, no wobble, and has a lot of articulation options.
Cons: The menu buttons are a little odd to use being in a vertical setup and not ordered intuitively. This makes it a bit of a pain to calibrate, but once that's done you don't need them.
After 6 months one of those buttons malfunctioned and jammed the screen on a bad color mode. It's currently being RMA'd.
Other Thoughts: I'm not going to hold the button malfunction against this too hard yet, but it would be nice if it just worked. This is my 3rd ASUS screen and the first 2 are still going strong.READ FULL REVIEW
Pros: When it worked it was fine.
Cons: A year later is was the cause of major booting issues and crippling my otherwise amazing desktop all over the place. Took forever to figure out the cause.
Other Thoughts: Don't buy, these things should last longer.READ FULL REVIEW