My biggest issue with this thing is it's piss poor black level. I thought IPS was supposed to have OK black levels?
Before H-IPS, IPS panels were considered weak in terms of their black levels. Only recently are IPS displays now able to compete with P/MVA panels in this regard. With absolutely zero ambient lighting, with the exception of a few high end television sets (and even then, asking for bezel black is a tall order), you will almost always be disappointed by the black levels of an LCD screen. It's a limitation of the technology.
I for one consider the black level of the LP2475w to be quite outstanding.