I'm digging up this rather old thread just to bring up an important issue. While the panel technology is really important for better color processing and wider viewing angles on LCD monitors, one important thing to look at is the monitor's input lag. I'm not talking about panel response time, but the delay that many, especially bigger VA-panels (S-PVA, MVA etc.) have. The Samsung 245T mentioned before has almost 60ms of input lag, which makes it impractical for editing (or at least makes a separate CRT video monitor even more important). Actually the Samsung's input lag of 60ms equals almost two frames in NTSC world, which is very noticeable considering audio sync. Of course the audio can be synced by scrubbing frame by frame and listening to the audio, but real time playback still has noticeable difference on a laggy monitor.
Despite the lag problems, I'm all for larger LCD's and actually I'm about to buy an LG 26" W2600HP-BF monitor which comes with a S-IPS panel which provides much better color processing and viewing angles than TN-panels. However, the panel used in the LG doesn't have much input lag. Some tests measure worst case of 24ms or 16ms with average close to zero.
An comparison between the two monitors mentioned can be found here: http://www.digitalversus.com/duels.php?ty=6&ma1=36&mo1=332&p1=3107&ma2=35&mo2=412&p2=3818&ph=12 (choose "delay compared with a CRT monitor" from the drop-down menu)
Just to note: Some people think that digitalversus.com's test aren't reliable, as they differ from many test and reviews on other sites.
Another review of the LG showing a bit better results: http://www.prad.de/en/monitore/review/2008/review-lg-w2600hp-part14.html#Responsiveness
Searching videos from Youtube with words "input lag" gives many examples of laggy panels. For example, the much praised Dell 2408 models have AVERAGE input lag of about 70ms and almost 90ms at worst. It is said that many "better quality" monitors have some kind of image enhancement circuitry, which adds some processing and causes the lag.