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Not necessarily. You should be able to grab a PVA or IPS 24" around 200.
You can get 23" 1920x1080 IPS panels for 200-ish bucks nowadays.
http://www.newegg.com/Product/Produ...tor&bop=And&SrchInDesc=23"&Page=1&PageSize=20
BB
I heard back from the seller. The U2711 panels they have are Grade A, B, and C and you get a lottery shot at which you get.
I'll skip it.