I have one of those sitting in front of me. The colour so it is brilliant, as is the general image quality. I have no trouble gaming on it, but that said I can play on a 30ms screen without any fuss.
The stand is a bit of a pain as the screen is always tilting back slightly, but you get used to it. Its a great looking screen, but be warned the bezel on it is huge, at least 2" all the way around.
Its a good buy if you're after a 4:3 screen, bit if I were buying right now I would go for a widescreen instead. All personal preference I guess.