I see less and less value in IPS, even though responsiveness and refresh rates are finally seeing some improvement ... colours have caught up on 8bit TN. You're effectively paying for higher viewing angles (moot mostly for gaming) and less colour shift. The IPS glow on cheap IPS is absolutely horrific (for me), though ...
Just wish we'd see more VA ... contrast is awesome, and potentially they're more responsive than IPS and don't have the glow issues, plus viewing angles / lack of colour shift is nearly as good.
Hopefully the 35" 144hz VA panel is the thin end of the wedge.
just to provide some conflicting thoughts on this....
saying colours are the same between an 8-bit TN Film and an IPS panel is not really correct. Colour depth (6-bit+FRC) hasn't really been an issue for many years, and i would challenge an average user to ever spot a difference in practice between a decent 6-bit+FRC panel and a true 8-bit panel. that's why there's so many 6-bit+FRC IPS panels around. the whole 8-bit TN Film thing is a gimmick. sure, useful they've done away with FRC for those very sensitive to it perhaps, but it's mostly a marketing selling point in my opinion.
there's far more to colour appearance and image quality than just how many orientations a pixel can make viewing angles are the main differences, but that's far more than just being able to use the screen relilably from a different viewing position. sure, that might come in to play if you were viewing from a distance, or had several viewers at once from different angles. but as many people say, for a single user does it really matter if you're viewing the screen head on most of the time anyway? the answer is yes, but not for the same reason. If you're doing any colour critical work, image editing etc on a TN Film panel even slight movements of your viewing position can lead to colour tone shift, contrast shift etc. even as you view from a perfectly central position and glance towards the edges of the screen you can see changes in colour/contrast/gamma. especially so on larger screens where there's a further distance to the edge. this is where the viewing angles of IPS come in to play as they are far wider and you don't get these kind of changes in image quality. Image stability is a term i like to use when talking about IPS vs TN Film.
VA is an interesting technology and yes, it offers very high contrast ratios and does not suffer from the same pale IPS glow as most IPS panels. however, it's far from perfect. VA is very hard to drive down to the same response times as TN Film (and recently IPS). Sharp managed to do a good job with their MVA panel used in the Eizo FG2421 but i've not seen any others that are that fast yet. hopefully with a 144Hz VA panel coming from AUO it will result in a big improvement though. they did wonders with their AHVA (IPS) panel so let's hope it's the same with that. nothing available yet though to suggest response times are as good as competing techs.
the main issue with VA though is still viewing angle related. you get an obvious contrast/gamma shift as you move your line of sight away from a central head on view. in fact it's the head on position that is the problem as some detail in dark content gets lost from that position. people refer to "black crush" when talking about that sometimes. it's only when you move slightly to the side that the detail is revealed. so again, it's not really great for image editing, colour work etc.