I've got a similar monitor to that on my system and it's been fine. I paid about $170 for mine..so happy with it for the price. It won't compare to a Dell UltraSharp U2410...but that monitor is about $550 from Dell right now...but it's the monitor I recommend for people who really care to have a beautiful display.
System Manufacturer/Model Number Self-Built in July 2009 OS Windows 7 Ultimate x64 CPU Intel Q9550 2.83Ghz OC'd to 3.40Ghz Motherboard Gigabyte GA-EP45-UD3R rev. 1.1, F12 BIOS Memory 8GB G.Skill PI DDR2-800, 4-4-4-12 timings Graphics Card EVGA 1280MB Nvidia GeForce GTX570 Sound Card Realtek ALC899A 8 channel onboard audio Monitor(s) Displays 23" Acer x233H Screen Resolution 1920x1080
Keyboard ABS M1 Mechanical Mouse Logitech G9 Laser Mouse PSU Corsair 620HX modular Case Antec P182 Cooling stock Hard Drives Intel X25-M 80GB Gen 2 SSD
Western Digital 1TB Caviar Black, 32MB cache. WD1001FALS Internet Speed 15/2 cable modem Other Info Windows and Linux enthusiast. Logitech G35 Headset.
On the page I linked above, the same Hanns at NewEgg is listed for $159.99 (with coupon). I suggest you get it with the coupon. Saves 30 bucks.
PS: I would not worry about the contrast ratio. You would not notice the difference - unless you are an eagle.
System Manufacturer/Model Number Acer Aspire M1201/Custom Build OS Windows 7 Ulitimate Beta 32 Bit, Windows Vista 32 Bit, Ubuntu 9.10 32 Bit CPU AMD Athlon X2 5000+ @ 2.6Ghz Motherboard Acer Micro-ATX Motherboard Memory 4gb Patriot Viper PC6400 @ 800mhz Dual Channel (4-4-4-12) Graphics Card ATI HD3870 with 512mb GDDR4 Sound Card Realtek HD 7.1 Onboard Sound Monitor(s) Displays 22" Acer X223 Widescreen Screen Resolution 1680 X 1050
Keyboard Microsoft Sidewinder X6 Mouse Microsoft Sidewinder X5 PSU ULTRA X3 600 Watt Modular Case NZXT Tempest (The Airflow King) 2x 140mm Fans, 4x 120mm Fans Cooling 1x 135mm In PSU, 1x 70mm On CPU, And 1x 120mm Hard Drives 320gb Western Digital SATA II (Ubuntu 9.10)
500gb Seagate SATA II (Windows 7 Beta)
1tb Seagate SATA II (Vista Home Premium) Internet Speed 6 Mbs Down 1 Mbs Up Other Info AVerMedia 1500MCE TV Tuner
Logitech X540 5.1 Surround Sound