24" LCD monitor uses WUXGA panels, which have 1920x1200 resolution.
HDTV 1080p standard uses 1920x1080 resolution. If you connect LCD monitor without 1:1 pixel mapping, to a HDTV/1080p source (such as dvb/tuner, xbox, etc) you'll get stretched to 1920x1200 screen.
1:1 pixel mapping allows LCD monitor to display 1080p signal with proper aspect ratio/without stretching it to 1920x1200.
That's the right answer from an HDTV point of view.
It also holds true for PC's. You can send a 1280x1024 image to a 1:1 monitor and it will display the image in the center of the screen with black bars all around. In other words, it only will use 1280x1024 pixels 1 for 1.
1:1 Aspect ratio will pick a resolution that fills your monitor as much as possible while keeping the original width to height ratio (ie the picture wont be stretched vertically or horizontally)
1:1 Pixel mapping will display what ever resolution is sent to it (ie if you send 640x480 to that 22" westy then you will have a little box int he middle of the screen)
As far as i can remember i heard the 22" westy had 1:1 aspect over component only, but dont quote me on that, im not 100% sure.