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Pros:

•30-bit IPS LCD panel (1 billion colors allow you to see things in images you never noticed before, though in many cases the monitor's gamut far exceeds that of the source images)
•Built-in calibration profiles are pretty much dead-on accurate for bringing the monitor's gamut into alignment with the destination's colorspace
•Price compared to other 30-bit LCD monitors (which are not available from Newegg, though they don't have to be since people who know enough about them know where to find them)

Cons:

•HP's claimed CRT-comparable black-levels are artificial. They produced by dimming the back-light, in much the same way that many manufacturers use to cheat with the Dynamic Contrast Ratios they advertise for their TN-panel monitors to achieve inflated numbers of over 30,000:1 when the true panel contrast itself is more like 700:1. HP doesn't make those claims for this monitor, thankfully, as it is true 1000:1. But in the end it is still the same sort of trickery. While the black levels and the visible definition in dark images is impeccable, it is not quite capable of the same dark-level definition in images with a very broad range of lighting.
•Still very pricey if you aren't in a position to use it to it's full potential. I remember reading a review on Newegg a while back (I guess it was on an older version or something) from a doctor who used it for medical imaging. I suppose that the super-fine color accuracy would help in something like an MRI or when looking for strains ofcance

Overall Review:

I should make it clear that I do NOT own this monitor. I was using it in the school's imaging lab, and was very impressed with it.

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