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Pros: Nice picture and colors. Menus easy to navigate.
Cons: Every now and then the screen fades to black for a few seconds when connected via HDMI from my desktop computer (this never happened when I had the GeForce 640 LP video card connected to my TV set). It doesn't bother me enough to try and have it replaced but I doubt I'll ever buy another ASUS monitor.
Also, the monitor doesn't sit completely horizontal when on its stand. The tilt is just enough to be annoying and I'll probably just stick a wad of paper under it one of these days to level it off.