Then tell me how the BIOS is viewable on the 3007WFP on a multi-tude of video card and motherboard combinations?
The video card is only going to output whatever it is told to. I can promise you that the POST screen and BIOS screens are not output to the display at those resolutions. The 3007WFP has two native resolutions but it can display anything. What it can not do is scale the resolutions to fit the display in hardware as it has no scaler. You need to use software to scale images across the display and even when that is done the 3007WFP displays those images surprisingly well.
The 3007WFP-HC, like all modern monitors, passes EDID data to the graphics card. The card knows what resolutions the monitor supports, and it can scale any other resolution to the correct native resolution.
Most monitors have a scaler chip for displaying non-native resolutions, either through VGA (where EDID compliance is not guaranteed and the monitor must handle whatever is thrown at it) or when hooked up to a device that doesn't support the monitor's native resolution (e.g. a video game console or set-top-box).
If you hook your monitor exclusively to your PC, save the $ and get the 3007WFP-HC. It's a fine monitor. If, however, you want to be able to hook your monitor up to a video source (PS3, XBOX, etc.) or if you need VGA inputs for compatibility, the 3008WFP is where it's at.