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It would be my honest advice to STAY AWAY from this monitor unless you just don't give two hoots about backlight bleed. Because it made movie watching and photo editing miserable. Especially on a panel with this cost.
Oh, and say goodbye to any tech support. LG's is pure and utter trash. Thank goodness Fry's allows as many returns/exchanges as you can within 15 days. Wasted too much gas exchanging these.
I agree that LG support is crap. I contacted them about the whole display waking up for a few seconds sporadically, displaying a "no signal detected message, going back to sleep", and then shutting down again. They said: it's a problem with your Mac or OSX. Like they can't fix their firmware to ignore these things.
Anyway, I say if you're a dev, get this monitor, it will increase your productivity without requiring all of the space of a two-monitor setup.
If Apple had an updated Thunderbolt display with the same screen size as this, I would go for the Apple product. But since they haven't updated the Thunderbolt Display in eons, that option isn't available to us now.