I've had an NEC 20WGX2 for about 4 years now and it's really put me in a bit of a spot for when I want to upgrade (or it breaks). I still think that it holds it's own against most newer panels and you really do start to take the vivid/bright colours and generous viewing angles for granted - and it merely shows up the inadequacies of other screens I use regularly (particulary laptops, which all seem pretty awful). I personally feel it was worth the premium at the time and couldn't take a step backwards either.
I'm in exactly the same position and have been for a while.
I've got two 20WGX2's and while the buttons are incredibly annoying when I look at my friends TN panels I know I wouldn't be able to suffer the inferior quality.
It's annoying because I've had them for... 5 years? If not slightly longer and I just really want something new but I'm sitting in front of £500 worth of monitors which work perfectly well and are much better than anything else I'd be likely to replace them with....
I too have an NEC 20WGX2 (Pro) circa 2006 and it is a great monitor; it took me a while to get used to the glossy screen and understand the benefits. I puchased an HP ZR24W for the bigger real estate a few months ago. It is a great monitor but I went back to the NEC as I really didn't get on with the matt defused screen and the IPS glow which I noticed in the corners when sitting in front of it. I have passed it on to a friend. I was tempted by the Hazro 27" glossy screens but backed off because of the QC dust issue that has surfaced.
Back to the original question. IPS screens have their own problems. They suffer with "IPS glow" and the bigger the screen the more likely you are to notice it with dark backgrounds. THe NEC suffers with purple and the HP white IPS Glow. This you-tube video exaggerates but shows the problem with the NEC:
http://www.youtube.com/watch?v=iopyUpKhYJg
The wide viewing angles are compromised by IPS Glow on dark scenes. IPS screens have higher response times and often more inut lag and worse black level.
The main issues with TN screens is colour shift when you are sitting in front of it, poor viewing angles and colour accuracy. Quite frankly though, I have seen some excellent 24" TN screens recently from Viewsonc and Samsung (we roll them out at work) and they are a third of the price.
So in summary sitting 3ft away you will see colour shift with a 27" TN screen sitting in front of it moving your head. But based on my experiece with the 27" IPS HP ZR24W you will see IPS Glow on dark screens (games & movies!) sitting in front of it moving your head.
I've pretty much made my mind up that I don't absoutely need an IPS screen going forward and am waiting for a decent 24" or 27" without the horrible matt defused finish an unwanted feature of most IPS screens. The TN matt screens don't seem to have the same problem based on the 24" Viewsonic and Samsungs I have seen.
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