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When you say "graphic design", what sort are you referring to? For output to hardcopy where your colors need to be very precise? Or for web, which is somewhat less demanding?
I do some print work but it isn't something that I would say would require me to double my investment. Generally the graphic design is for web along with coding. I'm looking for a quality 23-24 inch monitor that will give me good color representation but isn't going to break my piggy bank. I'm also willing to upgrade my video card, if necessary.
Of course if I can find a nice deal somewhere, that would definately help make my decision.
As for calibration, I'm not too familar with any colorimeters. How do they work?
What are the differences between the LG 245WP and 246WP? I see both listed at Newegg:
http://www.newegg.com/Product/Product.aspx?Item=N82E16824005089
http://www.newegg.com/Product/Product.aspx?Item=N82E16824005099
Anyone know of any deals going on anywhere for either of these monitors? And do you think my Radeon X1300 Series video card will suffice? I don't have a real need for HD or anything like that but I'm also willing to investigate it if it doesn't cost too terribly much.
I wouldn't recommend a VA or TN panel for graphics design. Both have gama shift issues. That would make it hard to determine shadow details.
I think IPS is the only consideration for serious image editing. It behaves like a CRT monitor offering stable gamma across the screen.