Goods:
-Great price for an IPS monitor
-Good horizontal viewing angles, as expected from an IPS
-Crisp picture
-Control menu has a lot of options
-Very lightweight
-Power light can be turned off in control menu
Bads:
-Backlight issues with dark backgrounds (see below)
I really wanted to like this monitor - it's an outstanding price for an IPS panel of this size. That's what hooked me into trying it out. Unfortunately, it's going back because I can't get over the backlight issues. Disclaimer: I'm picky about monitors. I only buy IPS panels, and I do that to get consistent color across different viewing angles. This monitor mostly does that, with one exception: dark backgrounds don't look good and uniformly dark. The worst issue is that with a black background, the lower right corner has a "bloom" of very dark purple, about the size and shape of an adult's palm. The lower right corner also has a blooming issue as well but not as bad (and more of a dark blue than a purple). I also notice that at more extreme vertical viewing angles, there is some horizontal banding. These issues bug me enough that I have to return it.
In the end, I think this monitor is a fine LCD panel coupled with an LED backlight that needs refinement. Perhaps it's an inherent limitation with this kind of LED backlight, I don't know. For comparision, I also own a ViewSonic VP2365wb and that has much better uniformity with dark backgrounds. That one does not have an LED backlight however.
If you are picky about these kinds of things, then you may want to pass on this monitor. If it doesn't bother you, then this is a great bargain. That's why I'm giving this 3 stars.